Chinese enterprises overseas mergers, acquisitions in Europe as largest market

Chinese domestic investors have carried out direct investments in 2,912 foreign companies in 144 countries and regions, Chinese Ministry of Commerce released in a data show. According to the data, the Chinese investors also accumulated non-financial direct investment of 45.6 billion US dollars, an increase of 29%. The Chinese investments growth in North America, Europe, Oceania, Latin America and Africa surpassed 50%. Among them, the US investment increased significantly 290%. French newspaper “Le Figaro” reported that Chinese enterprises’ overseas acquisitions is increasing rapidly, saying that “China is the world march” and aimed at the world, especially the Western countries have the best brands and expertise company. Europe has become China’s largest enterprises overseas M & A market, it said, adding that the Chinese capital is increasingly accepted as Europeans, and in the next few continue to have appeal. Meanwhile, US Forbes website said that the Chinese government is encouraging the enterprises to expand overseas, and allow staff to receive training in the underlying investments. US local governments eager to attract Chinese investment, governors and mayors have personally traveled to China investment. Bloomberg senior economist Neil can said that steady growth of China’s foreign investment expected. With economic development, China is currently trying to secure resources such as energy and raw materials, and through the purchase of technology companies in order to promote economic development.