Thursday, February 27, 2020

Africa Constitutes Miniscule Part of China's Mergers and Acquisitions

Ernst and Young posted on 13 February 2020 an article titled "Overview of China Outbound Investment in 2019."

In 2019, the value of China's overseas mergers and acquisitions (M&As) reached almost $69 billion, down 31 percent globally year-on-year, but up 26 percent in Africa. On the other hand, Africa accounted for less than a half billion dollars of the total, by far the smallest amount of any world region. Latin America accounted for more than $7 billion in Chinese M&As.