In China, Corporate Buyers Now Beware

From Reuters:

Abundant liquidity, government support and a strong yuan fueled Chinese companies’ overseas buying spree.

But since they bought at the peak of the market and did not have a clear strategy for acquisitions, it should come as no surprise that most of those deals have turned sour.

Once bitten, twice shy.

Crisis-ridden companies around the world are hoping that cash-rich Chinese buyers will come to their rescue. But the Chinese are not eager, having gotten their fingers burned.

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.