A more rational mode of overseas investment
China Daily | Updated: 2016-02-16 08:03
It's only one and half months into 2016. Yet by all estimates, Chinese companies' activity in overseas mergers and acquisitions will break a historic record this year, following a recent series of deals of quite substantial commitments.
One example is the $43 billion takeover of the Swiss agribusiness company Syngenta by ChemChina, a Chinese chemicals group, reported in early February.
The major deals reported so far are but part of the phenomenon. They will be joined by the actions of small-and medium-sized enterprises.
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