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Chinese companies made billion outbound direct investment in non-financial sectors and signed project contracts worth 4.9 billion in countries and regions along the routes between 2014 and 2016, Ministry of Commerce data showed.
Chinese media dubbed Zhang China's real-life Walter White, the fictional chemistry teacher and methamphetamine producer in US TV show "Breaking Bad."
Chinese regulators have been courting foreign investors with accelerated moves to open up China's capital markets.
Chinese companies never had it so good in M&A as they did last year. They spent 2.5 billion, almost 3.5 times that of 2015, to merge with, or acquire, companies overseas in 920 deals, up 142.1 percent from 2015, according to accounting firm PricewaterhouseCoopers.
Chinese economy will expand 5.5 percent this quarter from a year earlier, and 6 percent in the final three months of 2020, Bloomberg quoted the bank's chief China economist Wang Tao and others as saying.