From New Economist:
China is emerging as a global investor, as numerous cross-border M&A deals attest. Andreas Lunding of Deutsche Bank explores the isues in a new research report, Global champions in waiting: Perspectives on China’s overseas direct investment. Here is the summary:
A recent string of high-profile cross-border merger and acquisition deals involving Chinese companies as acquirers, such as state-owned oil giant CNOOC‘s attempted takeover of California-based Unocal in mid-2005, has increased the spotlight on China’s growing overseas direct investment.[Full Text]
