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China for 10 years, plans to buy foreign companies to $ 1.5 trillion

9 august 2017 - Fx4News
China for 10 years, plans to buy foreign companies to $ 1.5 trillion
Chinese companies absorbers are willing to spend $ 1.5 trillion on the purchase of other companies and investing abroad in the next 10 years, which is 70% more than in the previous 10 years, according to Linklaters LLP reported on Tuesday. 

Over the past decade, Chinese companies have already invested in foreign enterprises $ 880 billion.

 

 

Government policy that drives Chinese companies to invest in production capacity, particularly in advanced technology and international trade, will help maintain the flow of transactions, said in a statement a law firm that specializes in advising on mergers and acquisitions. 

According to the Chinese-absorbers companies have spent about $ 880 billion of assets in other countries over the past 10 years. 

The success of applicants from China will depend on their ability to overcome the risks of foreign countries with regard to national security and interests that caused the failure of announced deals worth $ 75 billion last year, it said in a statement the company Linklaters.



 

 

Based on materials WELTRADE

 

 

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