Thilo Hanemann and Cassie Gao | January 19, 2016
In the first two weeks of 2016, Chinese investors already announced a flurry of headline grabbing US deals, including Haier’s $5.4 billion acquisition of GE’s appliances unit and Dalian Wanda’s $3.5 billion investment in Hollywood producer Legendary Entertainment. This note reviews Chinese deal making in the United States in the past 12 months, illustrating the dramatic shift from state-owned investment in energy to private sector FDI in services, high-tech and consumer-oriented assets... [Read More]
Thilo Hanemann and Cassie Gao | January 4, 2016
Global cross border mergers and acquisitions (M&A) reached a six-year high in 2015, with around $1 trillion worth of completed deals. Chinese companies have evolved as an important driver of global deal making in the past decade. The attached note reviews Chinese outbound M&A activity in 2015, illustrating China’s transition from big buyer in extractive sectors to a more mature player across the full spectrum of industries.
Thilo Hanemann and Cassie Gao | November 12, 2015
President Xi’s state visit to the United States in September has illustrated how important two-way investment has become for US-China economic relations, including visits at Chinese-owned companies and discussions to advance a bilateral investment treaty. This note provides an update ...