Is fan-in-chief Xi why Fosun is at Wolves' door?

Fosun International’s bid for English football club Wolverhampton Wanderers is atypical for the conglomerate.

Chinese companies have become increasingly hungry for overseas assets. They have announced acquisitions worth $145 billion so far this year, dwarfing a full year tally in 2015 that was itself a record-setter.

¬ Haymarket Media Limited. All rights reserved.

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