Record year expected for M&As

China's overseas purchases will help boost world economy, researcher says

The combined value of China's outbound mergers and acquisitions is expected to set a record this year and be more diversified, according to an academician and industry analysts, as Chinese companies from various sectors place high-profile investments in the first two months of 2016.

A vibrant M&A desire from Chinese companies will also boost the world economy, which is facing great hurdles to recovery, said Xing Houyuan, deputy director of the Chinese Academy of International Trade and Economic Cooperation, a think tank under the Ministry of Commerce.