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China: Local suppliers to step-up overseas acquisitions

Automotive component manufacturers in China are expected to step-up their acquisition of overseas assets and technology. Bank of America Merrill Lynch bases this prediction on buying opportunities created by the global economic slump. Bloomberg News, citing Patrick Steinemann, Co-Head of Asia Industrials Investment Banking, said Chinese companies eyeing an increase in Subscribe to Automotive World … Continued

Automotive component manufacturers in China are expected to step-up their acquisition of overseas assets and technology. Bank of America Merrill Lynch bases this prediction on buying opportunities created by the global economic slump.

Bloomberg News, citing Patrick Steinemann, Co-Head of Asia Industrials Investment Banking, said Chinese companies eyeing an increase in

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https://www.automotiveworld.com/articles/95904-china-local-suppliers-to-step-up-overseas-acquisitions/

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