Inbound China M&A deals on rise, reaching $7.1b in 2017 on consumer promise

Inbound China M&A deals on rise, reaching $7.1b in 2017 on consumer promise

FILE PHOTO: A man walks outside a department store selling luxury brands in Beijing, China, November 30, 2016. REUTERS/Thomas Peter/File Photo

Overseas acquisitions by Chinese buyers are cooling after two record years as Beijing reins in capital outflows, but deals into China are on the rise, and new rules will make it easier for foreign buyers to tap China’s giant consumer potential.

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