China outbound M&A shrinks on graft crackdown, slowing economy
September 29, 2014 at 21:00 PM EDT
SINGAPORE/HONG KONG, Sept 30 (Reuters) - The volume of China's outbound mergers and acquisitions fell in the first nine months of 2014, its first drop in three years, as state-owned firms turned cautious in the wake of a slowing economy and President Xi Jinping's crackdown on corruption.