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China firms' Korea acquisition spree furthers Xi's new economy dream

Investments more than double to US$1.9b, led by deals in insurance, technology, healthcare & cosmetics industries


COMPANIES in China are buying their South Korean counterparts at a record pace, tapping into one of the world's most innovative countries to accelerate President Xi Jinping's push for an economy led by technology and consumer services.

Chinese investments in Korean companies...

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