Unsuccessful Takeover Bids Linked to Anti-Corruption Campaign in China

Li Zhen  |  Epoch Times Chinese companies have recently encountered setbacks while trying to takeover major overseas businesses. Most of these Chinese companies are being probed, in one way or another, in the anti-corruption campaign led by Chinese leader Xi Jinping. On Feb 18, 2016, the Financial Times reported that two takeovers involving Fosun International, one […]