China Surpasses US in Financial Deals

Deals and capital raisings in China’s booming financial services sector have outpaced those in the US for the first time since records began in 1995. There have been $36.2 billion-worth of deals in China’s financial sector so far this year, compared with $26.2 billion in the same sector in the US, according to data from Dealogic. – FT

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