Economic

U.S. toughens stance on foreign deals in blow to China’s buying spree

“A secretive U.S. government panel has objected to at least nine acquisitions of U.S. companies by foreign buyers so far this year, people familiar with the matter said, a historically high number that bodes poorly for China’s overseas buying spree.”

Source: Exclusive: U.S. toughens stance on foreign deals in blow to China’s buying spree

OODA Analyst

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