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A New Era of M&A in China December 2009
This article by SmithStreet CEO Franklin Yao, originally published in The Deal on December 3, 2009, examines recent M&A patterns in China. Despite the global economic slowdown, there have recently been large increases in Chinese domestic and outbound M&A in high value-added industries. The fact that both Chinese corporations and the government are seizing the opportunity to upgrade China’s position in the value chain is indicative of the ongoing transition from ‘Made in China’ to ‘Created in China’. ... >> |