Chinese companies are quickly—and quietly—amassing assets abroad. The breadth of their influence has been growing beyond traditional resource-related industries into high technology, transportation, media, and consumer products.
When China’s richest man and its most successful real estate developer calls the country’s overheating property market “the biggest bubble in history,” it’s probably not a good sign.
Beijing’s plan to turn China into a global soccer powerhouse has led to several investments in foreign clubs over the past year, despite China’s general controls on capital exiting the country.