Seven of China’s ten biggest outbound M&A deals of 2017 were in the logistics, energy and mining sectors, reflecting Beijing’s year-long crackdown on what is considers “unsound” overseas investments. This marks a sea change from 2016, when eight of the ten biggest cross-border M&A deals were in the technology, entertainment and tourism sectors. This year, except for one technology deal and two transactions in financial services, all other deals – in fact the six biggest of the top ten – …

2017 In Review: China’s Top 10 Outbound Deals Reflect Beijing Crackdown On “Unsound” Investment appeared first on China Money Network.