China to set to become Asia's leader in outbound corporate acquisitions this year, ending Japan's 2-year reign, as the country's appetite for overseas targets expands beyond natural resources and into areas such as food and banking. So far this year, Chinese companies have launched $56.2b of overseas M&As, far ahead of the $40.7b of deals done by Japanese firms this year, according to Reuters data.
Written by Dora Men
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