觀點財富管理

Chinese corporate deals face scrutiny at home and abroad
中國對外投資面對內外挑戰


陶景洲:中國對外併購的數量和規模或在2017年驟減。中國政府資本管控和海外國家保護主義反彈,是企業面臨的雙重考驗。

After recording double-digit rates of growth over the past few years, Chinese outbound mergers and acquisitions have been grabbing headlines around the world. However this remarkable trend faces a twofold challenge. First, US, German and Australian regulators, among others, are paying increased attention to Chinese investments. At the same time, the Chinese government has started to scrutinise outbound investment projects more closely, and has even reinstalled the approval process that was abolished in April 2014.

在過去幾年接連錄得兩位數增速後,中國對外併購成爲世界各地的頭條新聞。然而,這種引人注目的趨勢面臨雙重挑戰。首先,美國、德國、澳洲等國家的監管機構日益關注中國投資。與此同時,中國政府開始更加密切地審查對外投資項目,甚至恢復了2014年4月廢除的審批程式。

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