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 It’s time to log … Continued

• By Webmaster
• September 12, 2012