BEIJING, June 30 central enterprises overseas acquisitions repeated electrical failure in the community caused great controversy. In 2008, China's overseas M & A rose to 20.5 billion U.S. dollars (about 140 billion yuan), but on the other hand that the Chinese Overseas M & A has reached a loss of about 200 billion yuan.
According to Hong Kong "Ta Kung Pao" report, the Ministry of Commerce of transnational operations director, director of the Center of overseas investment thick Xing Yuan pointed out that the opportunities the global financial crisis is not only out in developed countries, but also in developing countries, all recently released State investment cooperation guidelines. However, she is also concerned about the pace of foreign acquisitions are not successful.
Report, according to Thomson Reuters, the Chinese companies early this year to February 17 the total amount of overseas acquisitions increased 40% year on year, amounting to a total 21.8 billion U.S. dollars, second only to Germany to become world's second largest-scale cross-border mergers and acquisitions countries.
Commerce Department data show that China's overseas M & A from 2002 to 200 million U.S. dollars to 20.5 billion U.S. dollars last year, accounting for 50% of the total external investment, but data indicate that foreign acquisitions last year, losses of about 2000 billion level, led to question whether the market going "bottoms" favorable opportunity. Hou Xing Yuan said, "hundred years of financial crisis, the resulting opportunities and will be once in a century"; the global financial crisis an opportunity not only out in developed countries, but also in developing countries, but also concerned about the risk problem.
Thick Xing Yuan pointed out that the success rate of global cross-border mergers and acquisitions under normal only between 20-30 percent. According to McKinsey's statistics, over the past 20 years, large enterprises worldwide merger case, the real expected results of less than 50%, 67% of China's overseas acquisitions successful.
Thick Xing Yuan explain why some countries always misinterpreted strategic intention of China's enterprises, over-exaggerated the so-called political risk, and even "political pressure" on the ground, through a series of procedures harm the interests of Chinese enterprises, free breach of contract. On the other hand, the issue of cross-border operations and acquisitions, talent, skills and capital to become the largest short board. Take money, for example, Chinese companies now rely mainly on cross-border acquisition financing of the Mainland market, able to use the international syndicate of investment too little.
Zhang Guoqing, a researcher at the Chinese Academy of Social Sciences United States has also warned that the onset of the financial crisis has not been on, many industries are still the risk of instability, will stand sits hastily into the aftermath of the crisis. At the same time, master the basic skills acquisition of Chinese enterprises also need attention.
I am China Quality Digital writer, reports some information about braided money tree , growing bonsai trees.