Lately, Chinese companies have stepped onto the global stage, with an expanding portfolio of international mergers and acquisitions. Outbound foreign direct investment from China was reported by the Chinese government to be $19 billion in 2007, and for the first four months of 2008, outbound activity was reported at $20 billion.
As increasing numbers of Chinese companies look to global markets for access to resources, customers, intellectual property (IP) and technology, they face cultural, talent, and financial reporting and legal challenges along the way.
Find out what PricewaterhouseCoopers China M&A partners Ben Ye and Ken Su have to say about the factors driving Chinese companies to go global, and the challenges they confront along the way.
