In the news: China kicks off 2017 with strong inbound M&A, a push to simplify the national drug distribution network and develop its own digital currency
February 28, 2017 | BY
Katherine Jo &clp articlesFDI deals so far in 2017 have almost doubled on year to $7.1 billion, the State Council said it would more than halve the number of drug distributors to cut pharmaceutical prices, and the PBOC has run trials of its new cryptocurrency
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While overseas acquisitions by Chinese buyers are cooling after two record years, deals into the country are on the rise, with new rules making it easier for foreign direct investment