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Cheap eurozone takeaway fuels Chinese acquisitions

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Beijing has accrued the world's biggest foreign exchange reserves and "is itching to invest overseas".

Beijing

THE inexorable decline of the single currency offers ambitious Chinese firms a bargain buffet of eurozone business, analysts say, with this weekend's multibillion deal for Italian tyremaker Pirelli only the latest course in an acquisition binge.

Less than a year ago the...

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