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Outbound M&As
By Wang Yanlin |
September 12, 2012, Wednesday
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Print Edition
Print Edition
CHINA'S solid long-term fundamentals will sustain a high level of outbound activities for the years to come, an industry report said yesterday. The country will buy more in the consumer and manufacturing sectors to feed demand in the country, legal advisory service provider Squire Sanders said in its China Outbound Mergers & Acquisitions report. China's rise is demonstrated quite clearly in its outbound M&A activities over the past several years, said William Downs, a partner of Squire Sanders, as the total value of outbound M&A transactions rose nearly five-fold from 2005 to US$63.1 billion in 2011.
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