Nation's initiatives lead firms onto M&A road
By Cai Xiao | China Daily | Updated: 2015-05-19 07:39
Interest shifts from developed world to developing economies, says PricewaterhouseCoopers
More Chinese companies will seek mergers and acquisitions in Central Asia and Eastern Europe, and linking prime global resources with China's huge market can be a wise M&A philosophy.
"With the 'Belt and Road Initiative', Chinese companies will conduct more M&A deals for resources and advanced technologies in Central Asia and Eastern Europe in 2015 and in the coming years," said Zhang Lizhou, general manager of the investment banking department of China Minsheng Banking Corp.
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