Failure of Ant, MoneyGram deal casts pall over Chinese dealmaking
US regulatory uncertainty seen to drive Chinese buyers to Germany, the UK and Israel for foreign assets
Thu, Jan 04, 2018 - 5:50 AM
Tencent has taken a route that focuses on smaller minority investments. The Shenzhen-based group last year bought a 5 per cent stake in the US electric car maker Tesla for US$1.8 billion.
LAST January, Alibaba founder Jack Ma met Donald Trump, then the US president-elect, to discuss helping one million small US businesses access Chinese consumers through the e-commerce giant's online platform.
Mr Trump told reporters that he and Mr Ma had a "great meeting...