Risks rise for overseas M&As
By Li Xiang | China Daily | Updated: 2015-02-12 07:47
Poor understanding of legal environment the main cause, say experts
While Chinese companies have been making headlines for their global hunt for investment projects and acquisitions, a slew of troubled overseas deals have exposed increasing risks and potential losses behind these high-profile cases, experts said.
On Wednesday, the Mexican authorities confirmed that they have received the official document filed by the Chinese side seeking compensation for losses in its bid for the scrapped $3.75 billion high-speed rail project, according to Mexican media reports.
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