China braces for rough seas in global M&A
February 13, 2017 | BY
Katherine Jo &clp articlesChinese outbound investors face bigger regulatory roadblocks after a record year of global deal making
By Katherine Jo
Armed with the world's largest currency reserves and among the biggest trade surpluses, China has become a force to reckon with in global M&A.
Global outbound investments by Chinese entities topped $208.6 billion in 2016—a 114% increase from the previous year—led by industrials and chemicals ($72.2 billion) and TMT ($39 billion) deals in Europe and North America, trends compiled by Clifford Chance show. (ChemChina's $45.9 billion acquisition of Swiss Syngenta, the largest outbound deal of the year, pulled significant weight into these figures.)
An abundance of