Mergers and Acquisitions in Practice

5Chinese Cross-Border M&A into Industrialized Countries

The case of Chinese acquisitions in Germany

Marina Schmitz, Fabian Jintae Froese, and Winno V. Wangenheim

Introduction

Figure 5.1

Chinese outward foreign direct investment (OFDI)

Source: UNCTAD (2016)

Chinese enterprises had established more than 25,400 entities in 184 foreign countries by the end of 2013 (Ministry of Commerce, 2014). In terms of outward foreign direct investment (OFDI), China ranks third worldwide, contributing a share of 8.6 per cent to worldwide OFDI, which highlights its growing importance as a foreign investor (UNCTAD, 2015). While the main target of Chinese OFDI ...