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Chinese investors overpaid in many outbound acquisition deals amid a weakening renminbi in the past years, which raised suspicions of capital flight. This prompted the central government to strictly scrutinize overseas transactions, aiming to balance the outflow and inflow of capital.
Chinese companies have taken steady steps in tapping into the German market. For instance, CATCL plans to build a battery plant in Erfurt and carmaker startups Byton and Nio have already built design centers in Munich.
Chinese investors are expected to remain active in the UK's real estate market in 2018 after massive commercial property investments last year.
Chinese consumers are especially fond of Ecuador's tinted natural roses, which come in a variety of shades and color combinations, and preserved roses, Santiago Luzuriaga, the general manager of export firm Bella Rosa, said.
Chinese banks' global brand presence continues to consolidate as four Chinese banks led by the Industrial and Commercial Bank of China (ICBC) are named the four most valuable banking brands this year, according to a report by London-based brand valuation consultancy Brand Finance.
