China sets new records in the world market of mergers and acquisitions (M & A). The country is the first time pressed from the first place the United States, indicating that the buying spree, caused by Beijing's efforts and prolonged economic growth
For the first nine months of this year the total value of mergers and acquisitions of Chinese companies jumped 68% year over year to $ 173.9 billion, according to Dealogic. Since 2008, the leading position occupied by the United States.
However, there is a downside. The largest number of outbound deals, which have not been completed, registered in the technology sector. 10 Each party to the agreement on the merger in the amount of $ 10.1 billion, said the recall or the proposal was rejected by the target company or the Offer expires.
"Foreign regulators are most sensitive to the protection of national interests; ranging from land rights in Australia, ending the national security concerns in countries such as the United States, "- said Keith Pogson, a senior partner at financial services company Ernst & Young.
A total of 601 deals announced making the first nine months of this year, the most active period for Chinese purchasers. Last year during this period was committed 441 deal. In terms of the transaction leading Chinese company ChemChina. The purchase price of the Chinese national chemical company Swiss chemical. Company Syngenta was estimated at $ 46.7 billion. This is an absolute record for China in terms of foreign investments.
The report Dealogic also showed that during the first nine months, China's income from investment business increased by 27% on an annual basis and reached a record $ 6.2 billion.
The dollar-yuan is gaining popularity, leaving the level relative to the other currency pairs, and of course, this is directly related to the rapid development of China's economy.
Based on materials WELTRADE
