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Chinese Companies Went on a Global Buying Spree in Q1 But Just Not in Africa

The London-based analytics firm GlobalData released a new report this week that highlights how Chinese companies are looking to buy distressed assets around the world as prices slump due to the deteriorating global economy.

The Chinese appear eager to take advantage of low asset prices in many countries, particularly in Asia, Europe, and North America, brought on by the COVID-19 pandemic:

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