China overseas takeovers top $60bn

The value of overseas acquisitions by Chinese companies has surpassed $60bn (€38bn) since the start of last year after it emerged that one of the country’s sovereign wealth funds has built stakes in two of the world’s biggest oil companies.

The level of overseas investment by Chinese companies, either privately owned, or state-backed, is running at a record.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It