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