Like impatient drivers, money flows seek out new routes when existing ones are blocked. The $1bn purchase of Dick Clark Productions, the US producer of shows including the Golden Globe Awards, by China’s Dalian Wanda was officially canned this month. Similarly, the sale to a Chinese buyer of a lithium project in Mali was scrapped in January when capital proved hard to export. As overseas acquisitions become increasingly challenging amid Beijing’s clampdown on moving money offshore, expect trapped funds to find new targets — notably in private deals.
與不耐煩的司機一樣，資金流動在現有通道堵塞之后會尋找新的通道。中國大連萬達(Dalian Wanda)以10億美元收購舉辦金球獎(Golden Globe awards)的美國迪克?克拉克制片公司(Dick Clark Productions)的交易，本月正式告吹。同樣，由于事實證明資本很難輸出，今年1月馬里一個鋰項目出售給中國買家的交易也被取消。隨著中國政府打擊資金外流，海外收購變得日益困難，此際，預計受困的資金會尋找新的目標，尤其是在私募股權交易中。