China surpasses US as biggest overseas investor
BEIJING: The world’s second-biggest economy trounced the United States in another aspect as Chinese companies inked the highest number of overseas deals so far this year. The number of deals, mostly purchase of foreign companies, since January amounted to $110.8 billion.
In fact, Chinese firms surpassed their own full-year record in 2015 when they spent $106.8 billion on foreign acquisitions, according to UK-based data provider, Dealogic. They were engaged in 17 deals, each worth more than $1 billion, while the rest were of lesser value. Taking the cake was a $43 billion cash offer by China National Chemical Corp for purchase of Swiss pesticide and seed company Syngenta.
The US has dominated the rankings in overseas acquisitions since 2007. Dealogic predicted that China will come ahead of the US at the end of 2016.
Something for India to learn rather than infighting and corruption , learn to protect our motherland. Make in India doesnt show……we only see made in China products. Go to China and search for any Indian product…..you will know how mean Chinese are.
and they say china is slowing
India need to learn from them
China is because of USA and USA imports so china can work and progress.If USA stops buying from China , china will not exist like this
India should get its economy up, rather than supplying labours skilled and unskilled for the world and boasting of its non existent culture
Just a few days back Feku was boasting of India piping China in FDI…. true picture is make in India is just a JUMLA with no vision for bhakts ….
Babu Rajendran Chandran
Soon China may,as part of its overseas acquisition, buy the U.S itself.
india must go china”s way. stop fighting. fix congress and others work for country.
Before we talk about government let us talk about ourselves. The Indians have to learn how to lead a simple life, next how hard work takes the country forward, stop striking work every alternate day just because it makes us more lazy and above all stop gossiping unnecessary and useless topics during work. You can never see Chinese workers talking even to the next colleague during work because there laws are so strict.
Good going China. Great investor great aggressor.
no one can stop china its ferocious