China Is Struggling to Offload Foreign Acquisitions, From Yachts to Pizza | Swissinfo

China Inc. is struggling to offload overseas businesses and the accompanying debt in an increasingly volatile market.

In just a few weeks, companies from yacht makers to luxury clothing and pizza outlets — acquired by Chinese firms in recent years — have either scrapped planned initial public offerings or sought alternatives to reduce their debt piles.

@ Swissinfo.ch| October 22, 2019

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