Chinese companies acquired overseas counterparts at the fastest rate in five years in the first quarter, braving an increasingly complex regulatory environment to target foreign resources, consumer and manufacturing sectors.
The increase in Chinese mergers and acquisitions abroad comes as Beijing becomes more hawkish on inbound deals in the domestic high-tech sector. The government last month retrospectively banned the acquisition of Chinese AI app Manus by Meta, the US owner of Facebook.
Chinese offshore M&A transactions totalled $9.6bn in the first three months of this year, rising for the fifth consecutive quarter, according to new data from the Rhodium Group, a US research company.
您已阅读18%（692字），剩余82%（3075字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。