Red Tape Retreat

(Beijing) – Private companies in China hungry for overseas buyouts have been salivating over foreign corporations whose market values have plunged in recent months as a consequence of the weak global economy.
 
But Chinese government regulators have been standing between many of these companies and the dinner table, investment and legal experts say. Buyout opportunities have even been lost, they say, due to bureaucratic foot-dragging and regulatory limits on bank lending for overseas deals.