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Chinese companies greatly expand overseas investments
In five years, Chinese enterprises' overseas investments have soared to more than $93 billion so far this year from just $13.58 billion in 2007. One of the recent big attractions has been a wide array of undervalued assets in Europe due to the festering eurozone crisis. Domestic policies have also pointed companies with cash on hand to explore opportunities abroad.
Xinhua News Agency (China) (11/5)
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