Chinese companies are turning to countries along the "Belt and Road" initiative, in particular the ASEAN countries for cross-border acquisitions amid the coronavirus pandemic and increasingly tightened scrutiny on high-tech takeover deals by European and US regulators.
Cross-border acquisition deals in Europe and the US by Chinese companies dropped in the first half of this year while investment in Southeast Asian countries increased, said Alan Wang, a partner at law firm Freshfields Bruckhaus Deringer . . .
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