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‘Ambitious’ China firms on hunt for overseas mergers and acquisitions


SCMP reports: China “retains its appetite for takeovers to tap new markets and to access technology, especially in Europe, says a sector-leading banker “Outbound mergers and acquisitions (M&A) will remain active next year as ‘ambitious’ mainland firms continue to seek growth by tapping foreign markets and acquiring new technologies, according to a senior executive with … Continue reading

China number two on Fortune 500 list


Two years after eclipsing Japan as the world’s second-largest economy, China on Monday stole the number-two spot on the Fortune 500 list of the biggest global companies from its Asian rival. In its annual revenue rankings, Fortune magazine said that China overtook Japan for the first time, landing 73 companies on the list compared with … Continue reading

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