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NOTHING IS PERMANENT EXCEPT CHANGE

  • Chinese acquisitions and investments in the U.S. fell 92 percent to just $1.8 billion in the first five months of this year, consulting and research firm Rhodium Group says.
  • Counting divestitures, net Chinese deal flow to the U.S. during that time was a negative $7.8 billion, the report says.
  • Beijing is trying to limit capital outflows and excessive leverage, while the Trump administration is increasing scrutiny of Chinese investments in the U.S. amid concerns about intellectual property protection.

OTHER NEWS

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British Prime Minister Theresa May is set to face a leadership challenge Wednesday after lawmakers in her Conservative Party triggered a no-confidence vote, throwing another wrench into the U.K.’s planned departure from the European Union. The vote will take place Wednesday evening, after 48 Conservative lawmakers sent letters of no confidence in Mrs. May to […]

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