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

$
USD
Please enter an amount between $1-$100,000.

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.