Chinese companies have launched a record wave of foreign acquisitions in the first few weeks of 2016 as they seek inroads into overseas markets amid China’s slowing economy and falling currency.
China National Chemical, known as ChemChina, on February 3 said it would pay $43 billion to buy Swiss pesticide maker Syngenta in a deal that, if approved by Syngenta shareholders and regulators, would be the largest foreign takeover by a Chinese company.
