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Chinese lenders bought 2.3 billion worth of foreign currencies while selling 1.6 billion worth last month, resulting in net sales of .3 billion, the State Administration of Foreign Exchange said in a statement.
Chinese new energy vehicle startup Aiways is set to acquire part of Jiangling Holdings' equity in exchange for investing 1.75 billion yuan (2.65 million). It is believed by insiders to be a solution to help the startup get a production qualification.
Chinese outbound foreign direct investment dramatically veered away from the United States and Canada and toward the United Kingdom and the rest of Europe in the first half of this year, according to new research.
Chinese companies' overseas mergers and acquisitions (M&As) increased by 152.2 percent in the third quarter, compared with the April-to-June period, primarily in the high-end value chain, a report from the Ernst & Young (China) said on Tuesday.
Chinese produced versions of western franchises are common, and some have received record ratings. The Chinese version of variety show Britain’s Got Talent is the most viewed edition in the franchise’s history. Chinese networks have commissioned versions of British auto show Top Gear and UK variety series Pop Idol, as well as Dutch programs The Voice and Big Brother.
来源：资阳报