HONG KONG -- Chinese corporations looking for acquisitions have turned their attention to Europe as greater government restrictions in the U.S. close the door to deals there.
Last year, Chinese investment in U.S. companies fell to $3 billion, 65.8% lower than in 2017 and down 95% from a peak in 2016. M&A activity in Europe shot up 81.7% to $60.4 billion, according to data compiled by Mergermarket.
