China now seems hated by much of the population...after what it's said and done recently.
Boo & hoo.
Better get some nukes.
Historically expanding powers overpay for foreign assets since they're new to the game, get ripped off by the locals, are flush with cash so aren't too careful, etc.
And for many Chinese companies, they have state backing and cheap loans and loan forgiveness which likely precludes caution. Often China has a long term plan and these are often strategic national assets, even if nominally belongng to a company.
But, to engage in a little stereotyping, the Chinese are usually shrewd and careful with money. (they will proudly call themselves the Jews of the East, and it's hard to persuade them that a positive stereotype just keep alive the associated negative stereotype).
I'd be interested in seeing some evaluation of their overseas purchases.
Probably fluctuates according to gov't policy and cheap loans (also gov't policy, as the major banks here are all gov't owned).