Latest figures show that Chinese acquisitions in the Asia-Pacific region push the value of annual deals past 1 trillion U.S. dollars. [Photo: sina.com]
New stats are suggesting Chinese acquisitions in the Asia-Pacific region have helped push the value of annual deals past one trillion U.S. dollars for the first time.
The same set of data also shows Chinese companies have spent a record 102-billion U.S. dollars on mergers and acquisitions so far this year.
Analysis by Reuters is suggesting investment banks expect this coming year to see an even bigger splurge by Chinese firms.
For more on this, CRI`s Paul James spoke earlier with John Ross, senior fellow with the Chongyang Institute for Financial Studies at Renmin University.