M&As in B&R regions increase 47%

Updated 2018-02-09 09:15:06

China's cross-border mergers and acquisitions in the Belt & Road regions surged 47 percent year on year in 2017, although overall investment declined last year, a Shanghai-based consulting firm said yesterday.

Singapore, Russia and Israel were the top M&A destination countries for Chinese investors. Mining, infrastructure and TMT (technology, media and telecom) industries were hottest sectors for M&As, according to a report from the Morning Whistle Group, a local consultancy firm for cross-border business.

Stringent scrutiny from US regulators was cited as a factor for the decline in overall M&A investments from China in 2017, the company said.

But M&As in the B&R region posted "sizzling growth" because of the Chinese government's strong policy support and abundant capital, said the company, without providing detailed figures of M&As.

Shanghai was the top region for M&A deals in the B&R region in 2017, with 18 deals confirmed, followed by Beijing, Guangdong Province and Hong Kong, said Morning Whistle.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58August 22 2018 07:59:49

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16August 22 2018 07:59:49

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18August 22 2018 07:59:49

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords