Retail Fizzles, Alipay Sizzles — And Burger Wars Reignite On Mobile
PYMNTS
MAY 12, 2017
Fizzle: Chinese cross-border deals: With new regulations in place limiting cross-border capital flow, the dry-up is already here for Chinese firms buying companies outside the mainland, especially in the United States. Shares price plummeted 10 percent and fell below its five-year low as the market closed.
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