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China to support overseas investment

China will increase its financial support on enterprises to invest overseas and widen overseas investment scope.

• New VC funds mostly in yuan
• Coca-Cola to invest another $2b in China
• NDRC: China's outbound investment up 13.2%
• VC, PE, strategic investments plunge 63% in Feb
• Official cautions sector on M
• Survey: Chinese companies keen on foreign buys