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.
