“China’s outbound deals exceed inbound for first time”

Spotted on Asia Times, the latest findings of KPMG’s “Cross-Border Deals Tracker“:

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  • “outbound M&A deals from China remain relatively strong”
  • Top destinations in developed markets: USA: 12 deals, Hongkong 9, Australia 9, Hongkong 6
  • 16 deals in emerging markets: 11 in Asia, 5 in Eastern Europe, Russia and CIS, none in Middle East and Africa.

This confirms that western anxieties about a Chinese invasion of African economies may be excessive – see the interview (in French) with the founders of CICA, the Paris-based International Chamber for African Commerce.

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