Overseas M&As a concern

Overseas mergers and acquisitions by Chinese enterprises have long been viewed as a positive part of China's opening-up to the outside world and a sign of domestic enterprises' growing strength.

However, the blind enthusiasm for overseas mergers and acquisitions among some domestic enterprises in recent years has raised concerns.

Statistics indicate that non-financial direct investment overseas made by Chinese enterprises totaled a record $170.11 billion in 2016, an increase of 44.1 percent year-on-year.