According to PwC, for the first three months of this year, Chinese enterprises have reduced the number of M&A outside the country by more than a third (-39%), and have signed 142 deals.
An expert at PwC said that since the fourth quarter of the last year, the controlling authorities of China have strengthened the validation and legitimacy of investment activities of Chinese enterprises abroad, Xinhua reports.
Chinese investors still prefer the developed markets of the Northern American states and European countries. Over the course of the year 2016 and the first quarter of 2017, approximately 60% of all mergers and acquisitions by Chinese companies abroad were concluded with enterprises of these countries.