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Economy

Chinese deal-making shifts to Europe amid U.S. tensions

Strict COVID-19 rules and regulatory hurdles weighed on outbound investment

Chinese investments have been booming throughout Central and Eastern Europe over the last decade but new data show, in particular, that mergers and acquisitions activity shifted to Europe from the U.S. last year.   © AP

HONG KONG -- China's mergers and acquisitions activity shifted to Europe from the U.S. last year, a new survey said Wednesday, on the back of rising tensions between the world's two biggest economies.

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