The news of China’s Overseas Direct Investment continues to flow. Here we present some of the latest ODI stories, as covered on our micro blog, ChinaBlogTweets (see feed and link on the sidebar).
These stories indicate that (outbound) cross-border M&A is on the rise, with recent examples in Africa and in Australia, and that China’s massive foreign exchange reserves will help keep this “going out” trend going fast.
At the same time, Chinese companies are starting to be more innovative in their approach to M&A (with use of private equity, targeting of distressed companies and assets from bankruptcy administration), and are also becoming more brand savvy.
See the news links here:
ODI coming from FX. US$40.7 bn in 08. RT @ftchina: China to deploy forex reserves http://bit.ly/3VVVAt 9:46 PM Jul 21st from TweetDeck