Bloomberg China National Building Material Group, the nation’s biggest cement maker, aims to capitalize on a surge in business opportunities from President Xi Jinping’s “Belt and Road” initiative as projects spur an infrastructure boom in the region, according to its chairman, Song Zhiping. “If you want to get rich, build a road first,” Song said in a Bloomberg Television interview ...

Bloomberg China’s biggest-ever foreign acquisition frenzy is ending almost as dramatically as it began. After stunning the world with a record $246 billion of announced outbound takeovers in 2016, Chinese dealmakers are now struggling to cope with tighter capital controls and increasingly wary counterparties. Cross-border purchases plunged 67 percent during the first four months of this year, the biggest drop ...

Bloomberg India plans to develop roads in neighboring countries as it seeks to strengthen its position in South Asia amid the growing influence of China. State-owned National Highways Authority of India plans to build roads abroad even as it falls short of construction targets at home and seeks to raise funds overseas to finance local projects. “There are lots of ...