Record year in sight for overseas mergers

The economic slowdown has failed to quench the desire for M&A, as Chris Peterson reports from London.

Editor's Note: At this year's two sessions - the biggest political event of the year - China's 13th Five-Year Plan (2016-20), which maps out the country's development path for the next five years, will be the major point of discussion. The draft plan stipulates that China will continue the reform and opening-up policy in the late 1970s. As the second of our in-depth reports during the two sessions, China Daily examines the prospects for mergers and acquisitions abroad by some of the nation's most progressive businesses.

Chinese companies large and small, private and State-owned, are embarking on a spree of overseas mergers and acquisitions, spurred by government policies that encourage overseas expansion.