China to spend $1.5t on outbound M&A in a decade: report

China to spend $1.5t on outbound M&A in a decade: report

A 100 yuan banknote (R) is placed next to a $100 banknote in this picture illustration taken in Beijing November 7, 2010. REUTERS/Petar Kujundzic

Chinese acquirers will spend $1.5 trillion buying companies abroad in the next decade, 70 percent more than the previous 10 years, even as regulators at home and abroad block deals, Linklaters LLP said in a report Tuesday.

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