HONG KONG – China Inc’s outbound acquisitions spree in 2015 helped push Asia-Pacific’s annual deal value past $1 trillion for the first time, with 2016 set for a bigger splurge still as Chinese firms buy even more assets abroad to sidestep slowing domestic growth. Asia-Pacific M&A totaled $1.2 trillion so far this year, up 46 percent from last year, preliminary data from Thomson Reuters showed, as China rediscovered an appetite for outbound deals after 2014’s 20 percent drop. With private companies like Fosun International Ltd in the vanguard, Chinese firms spent a record $102 billion so far in 2015, the data shows.
