Latin America Emerges as China’s Favorite Hunting Ground for M&A
- Region accounts for one-fourth of China’s outbound dealmaking
- Chinese buyers face more scrutiny in Europe and the U.S.
Photographer: Ronald Patrick/Bloomberg
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In a challenging year for Chinese companies pursuing acquisitions abroad, Latin America emerged as a region where they were able to make some corporate marriages work.
Overseas acquisitions by Chinese firms are heading for their fourth consecutive yearly decline, with a $31.1 billion tally that’s the lowest since 2007, according to data compiled by Bloomberg. Transactions targeting Latin America totaled $7.7 billion, more than Europe and North America combined.