China: Olympic Fever and the Market [View article]
Kelaido, actually restrictions on what China can buy in the US and Europe are far less than restrictions on what foreigners can buy in China, although I suspect that there will be a hardening of attitudes in all countries over the next few years. Still, what Chinese companies can buy far exceeds what they cannot. The more important question is whether they have the management capability to digest major acquisitions. There is a long history of companies making big mistakes when they first embark on foreign acquisition sprees.
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Kelaido, actually restrictions on what China can buy in the US and Europe are far less than restrictions on what foreigners can buy in China, although I suspect that there will be a hardening of attitudes in all countries over the next few years. Still, what Chinese companies can buy far exceeds what they cannot. The more important question is whether they have the management capability to digest major acquisitions. There is a long history of companies making big mistakes when they first embark on foreign acquisition sprees.
Aug 22 06:42 am
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