Sinophobia remains, but a new generation of savvy dealmakers soothe foreign worries about China’s $207 billion buying spree
In larger Chinese companies, managers wield their education abroad and international experience to help address stakeholder concerns about a flurry of foreign purchases. Their skill is amplifying China's role in the world of mergers and acquisitions, providing fresh capital to Western economies while posing stiff competition to U.S. and European firms also looking to buy. Among the moves in their dealmaking playbook: an aversion to hostile takeovers; years of informal courtship leading up to friendly offers; retention of existing management teams; investment guarantees lasting five years or longer; and the preservation of independent oversight.
China in 2 minutes a day
More from SupChina
Our Podcast Sinica
Joanna Chiu of Agence France Presse and Lucy Hornby of the Financial Times discuss gender representation in China expertise; also, the public list of female China specialists they created to get more women quoted in the media and speaking on discussion panels.
Apr 27, 2017