The Chinese government has served notice on the countrys foreign investment spree in football clubs, skyscrapers and Hollywood as it moves to curb rising levels of debt among domestic companies.
The announcement of restrictions in a range of sectors follows a buying spree around the globe during which Chinese firms and business tycoons have taken control of assets including Legendary Entertainment, the US film producer behind Jurassic World and Warcraft, buildings such as the Cheesegrater in London, and English football clubs including Southampton and Aston Villa.
The curbs were announced in a document released on Friday by the state council, Chinas cabinet, in the latest move to halt a string of foreign acquisitions. This week the …
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