Sensible deals change Chinese M&A game

BEIJING - After a series of eyebrow-raising megadeals in recent years, a number of high-profile but less controversial Chinese deals are now grabbing the limelight.

Such deals include Sanyuan and Fosun's takeover of St-Hubert; Fosun and Nanjing Nangang's stakes in Koller; and Hytera's acquisition of Norsat.

These new deals show the country's foreign investment is stepping out of the fast lane into one focused on sensible investment and quality growth.