The Chinese government in late 2014 said that it would reduce bureaucratic barriers to foreign M&A as part of its Go Global policy aimed at encouraging Chinese companies to expand abroad. This regulatory change has had the intended effect, fuelling outbound investment by China-based companies. Take Ant Financial, the financial services affiliate of and spinoff from e-commerce group Alibaba. Ant agreed last month to invest $200m in Kakao Pay, a mobile payments subsidiary of South Korea-based mobile lifestyle services company…

Kaloyan Andonov

Kaloyan Andonov is head of analytics at Global Corporate Venturing.