Chinese companies turn to Belt Road countries for acquisitions amid tightened scrutiny in US and Europe

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

Chinese companies are turning to countries along the "Belt and Road" initiative, in particular the ASEAN countries for cross-border acquisitions amid the coronavirus pandemic and increasingly tightened scrutiny on high-tech takeover deals by European and US regulators.

Cross-border acquisition deals in Europe and the US by Chinese companies dropped in the first half of this year while investment in Southeast Asian countries increased, said Alan Wang, a partner at law firm Freshfields Bruckhaus Deringer, citing data from China’s Ministry of Commerce.

More mergers and acquisitions are likely in the domestic market . . .

Sign In or Subscribe To Get Full Access.

Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.

Follow China Market In The Most Efficient Way!

TRY US FOR FREE