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Chinese companies spending billions buying up the world

China's almighty global spending spree
HNA bought Irish aircraft leasing company Avolon: $5.2 billion (£4.2bn)
CNPC bought a stake in a Kazakhstani oil and gas company: $5.3 billion (£4.2bn)
Haier bought General Electric's appliance division: $5.4 billion (£4.3bn)
CNPC bought a stake in Iraq's Rumaila oilfield: $5.6 billion (£4.5bn)
ICBC bought a stake in South Africa's Standard Bank: $5.6 billion (£4.5bn)
Anbang bought American company Strategic Hotels & Resorts for $5.7 billion (£4.6bn)
CEEC, PowerChina and Sinopec's invested in Nigeria's Mambilla Power Station: $5.8 billion (£4.6bn)
COSCO invested in Greek port Piraeus: $5.8 billion (£4.6bn)
CGN bought Malaysian energy company Edra: $6 billion (£4.8bn)
HNA bought American computer parts distributor Ingram Micro: $6 billion (£4.8bn)
HNA also bought a stake in Hilton Worldwide: $6.5 billion (£5.2bn)
China Minmetals, Suzhou Guoxin and CITIC bought Peru's Las Bambas copper mine: $7 billion (£5.6bn)
Shuanghui bought American pork company Smithfield Foods: $7.1 billion (£5.7bn)
Sinopec bought a stake in Spanish energy company Repsol's Brazilian unit: $7.1 billion (£5.7bn)
Sinopec also bought Swiss-owned oil company Addax Petroleum: $7.2 billion (£5.8bn)
ChemChina and SAFE bought Italian tyre company Pirelli: $7.9 billion (£6.3bn)
Tencent bought a majority stake in Finnish games developer Supercell: $8.6 billion (£6.9bn)
Geely bought a stake in German carmaker Daimler: $9 billion (£7.2bn)
Vanke, Hopu, Hillhouse and Bank of China bought a major stake in Singaporean warehouse company GLP: $9.1 billion (£7.3m)
Ping An bought a stake in global bank HSBC: $9.7 billion (£7.8bn)
HNA bought American company CIT Group's aircraft leasing business: $10.4 billion (£8.3bn)
Chinalco bought a stake in mining giant Rio Tinto: $12.8 billion (£10.3bn)
CIC bought pan-European warehouse company Logicor: $13.8 billion (£11.2bn)
CNOOC bought Canadian oil and gas company Nexen: $15.1 billion (£12.1bn)
ChemChina and China Reform Holdings bought Swiss agrochemicals and seed company Syngenta: $43 billion (£34.5bn)
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China's almighty global spending spree

Chinese companies, many of which are state-owned, have ploughed a staggering $2 trillion (£1.6tn) into foreign businesses and construction projects since 2005, buying up everything from prestigious banks and hotel chains to major energy producers. Using the data of the American Enterprise Institute's China Global Investment Tracker, we give you the lowdown on the Asian superpower's investment frenzy and reveal 25 of the biggest and most high-profile purchases.

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Daniel Coughlin

08 August 2019

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