China's Geely Buys Stake in Volvo Trucks, Despite China Restrictions

Hi Steemitians,

China’s government has made it harder to move money overseas. It has said it would punish companies for investing in certain sectors. It has told firms to report all cross-border deals.

Despite all that, Chinese companies continue to go global.

Please click below link for full information

https://www.nytimes.com/2017/12/27/business/dealbook/china-volvo-geely.html

Article written by SUI-LEE WEE

Image Courtesy:James Silverman for The New York Times

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