Xiaoyang Li, Assistant Professor of Finance, Cheung Kong Graduate School of Business speaks at Asia Matters' Sixth EU Asia Top Economist Round Table in Beijing on 17 November 2014.
This presentation was held during the 5th GIB Summit, May 27-28 2015.
The presentation and more information on the Global Infrastructure Basel Foundation are available on www.gib-foundation.org
Innovation Policy by Fergus Harradence BISTal Oron
A presentation by the deputy director for innovation policy, Mr. Fergus Harradence @ a talk organized by the Entrepreneurs Interactive Society, Imperial Business School
This presentation was held during the 5th GIB Summit, May 27-28 2015.
The presentation and more information on the Global Infrastructure Basel Foundation are available on www.gib-foundation.org
Innovation Policy by Fergus Harradence BISTal Oron
A presentation by the deputy director for innovation policy, Mr. Fergus Harradence @ a talk organized by the Entrepreneurs Interactive Society, Imperial Business School
This presentation was held during the 5th GIB Summit, May 27-28 2015.
The presentation and more information on the Global Infrastructure Basel Foundation are available on www.gib-foundation.org
This brochure provides information about the OECD Project on Institutional Investors and Long-term Investment. It covers the first two years of activity following the launch of the project in February 2012. The project aims to facilitate long-term investment by institutional investors such as pension funds, insurance companies, and sovereign wealth funds, addressing both potential regulatory obstacles and market failures. Acess all project research and event information online at http://www.oecd.org/finance/lti
Yksi European Bioeconomy Scene -konferenssin puheista.
One of the speeches in European Bioeconomy conference.
Konferenssin ohjelma/Conference programme: https://www.bioeconomy.fi/wp-content/uploads//2019/06/EUBioScene_programme.pdf
SASE, The Nordic Audit Standard for Small Entitites (draft). Implementation ...Lasse Åkerblad
A possible implementation of the standard will happen in a broad context. It is not only a technical issue and the context comes first; in Finland the Finnish.
Dennis Gada, Infosys, Asia Business Week Dublin 2014Asia Matters
“Changing Infrastructure in India - Opportunities for India-EU business partnerships” Dennis Gada, Global Head of Client Services for Financial Services, Infosys, speaking on June 6 at the Fourth EU Asia Top Economist Round Table during Asia Business Week Dublin 2014
Rintaro tamaki OECD - Asia Business Week DublinAsia Matters
“Asia’s Economic Outlook - European Opportunities” Rintaro Tamaki, Deputy Secretary-General & Chief Economist, OECD speaking on June 6 at the Fourth EU Asia Top Economist Round Table during Asia Business Week Dublin 2014
H.E. Arif Havas Oegroseno, Indonesia - Asia Business Week DublinAsia Matters
“Indonesia - the Economic Giant of ASEAN” H.E. Arif Havas Oegroseno, Ambassador of the Republic of Indonesia to the European Union, speaking on June 6 at the Fourth EU Asia Top Economist Round Table during Asia Business Week Dublin 2014
Eileen Sharpe, Director of Growth Markets, IDA Ireland, Asia Business Week Du...Asia Matters
"Ireland as a Destination for FDI", Eileen Sharpe, Director of Growth Markets, IDA Ireland, speaking on 4 June at Dublin Beijing Business Summit during Asia Business Week Dublin 2014
This presentation was held during the 5th GIB Summit, May 27-28 2015.
The presentation and more information on the Global Infrastructure Basel Foundation are available on www.gib-foundation.org
This brochure provides information about the OECD Project on Institutional Investors and Long-term Investment. It covers the first two years of activity following the launch of the project in February 2012. The project aims to facilitate long-term investment by institutional investors such as pension funds, insurance companies, and sovereign wealth funds, addressing both potential regulatory obstacles and market failures. Acess all project research and event information online at http://www.oecd.org/finance/lti
Yksi European Bioeconomy Scene -konferenssin puheista.
One of the speeches in European Bioeconomy conference.
Konferenssin ohjelma/Conference programme: https://www.bioeconomy.fi/wp-content/uploads//2019/06/EUBioScene_programme.pdf
SASE, The Nordic Audit Standard for Small Entitites (draft). Implementation ...Lasse Åkerblad
A possible implementation of the standard will happen in a broad context. It is not only a technical issue and the context comes first; in Finland the Finnish.
Dennis Gada, Infosys, Asia Business Week Dublin 2014Asia Matters
“Changing Infrastructure in India - Opportunities for India-EU business partnerships” Dennis Gada, Global Head of Client Services for Financial Services, Infosys, speaking on June 6 at the Fourth EU Asia Top Economist Round Table during Asia Business Week Dublin 2014
Rintaro tamaki OECD - Asia Business Week DublinAsia Matters
“Asia’s Economic Outlook - European Opportunities” Rintaro Tamaki, Deputy Secretary-General & Chief Economist, OECD speaking on June 6 at the Fourth EU Asia Top Economist Round Table during Asia Business Week Dublin 2014
H.E. Arif Havas Oegroseno, Indonesia - Asia Business Week DublinAsia Matters
“Indonesia - the Economic Giant of ASEAN” H.E. Arif Havas Oegroseno, Ambassador of the Republic of Indonesia to the European Union, speaking on June 6 at the Fourth EU Asia Top Economist Round Table during Asia Business Week Dublin 2014
Eileen Sharpe, Director of Growth Markets, IDA Ireland, Asia Business Week Du...Asia Matters
"Ireland as a Destination for FDI", Eileen Sharpe, Director of Growth Markets, IDA Ireland, speaking on 4 June at Dublin Beijing Business Summit during Asia Business Week Dublin 2014
Building Partnerships for Growth: Building Europe- China Linkages in Mobile B...Asia Matters
Marcus Borchert, President, Greater China Region, Nokia speaks at Asia Matters' Sixth EU Asia Top Economist Round Table in Beijing on 17 November 2014.
"Where Agri Meets Tech, Driving Research to Market" Ultan O’Raghallaigh Asia Matters
Ultan O’Raghallaigh of Tyndall National Institute gave the speech at the Asia Ireland Food and Agritech Forum in Cork, 14 July as part of Asia Business Week Ireland 2015
Milestones Reached, More to Come: Challenges to Overcome in Concluding the Ja...Asia Matters
Koichi Akaishi, Director-General for Trade Policy Ministry of Economy, Trade, and Industry in Japan speaks at the Fifth EU Asia Top Economist Round Table and examines the EU Japan EPA
"Making the Leap: From Twinning to Partnership to Success With China" Orla Fl...Asia Matters
Orla Flynn of Cork Institute of Technology gave the speech at the Cork China Business Summit in Cork, 13 July as part of Asia Business Week Ireland 2015
Opening Opportunities: The Business View on the EU-Japan FTA/ EPA, Danny Ris...Asia Matters
Danny Risberg, Chairman, European Business Council in Japan speaks at Asia Matters' Fifth EU Asia Top Economist Round Table and examines the implications for business of the EU Japan EPA and what the EPA could achieve: Economic growth for both economies, Leadership in ensuring a platform of rules and standards at the global level, as well as a massive boost to EU-Japan trade.
Photonics is a key pervasive technology that enables innovative and revolutionary solutions and products in diverse markets such as lifescience, agrofood, healthcare, security, defence, consumer, environment, energy, telecom/datacom…
The photonics industry is going through a transformation due to the maturity of the technologies and the fact that the implementation of these mature technologies is economically viable. The industry is going through numerous acquisitions, and there are many companies raising capital (www.epic-assoc.com/funding/venture-finance – spreadsheets “List of investments in photonics” & “List of M&A in photonics”).
Yet the photonics industry is hard to navigate both because of the vast amount of companies (there are 5000 companies in Europe involved in Photonics but 86% of them are SMEs), and the intrinsic fact that there are no ‘photonics’ companies but rather companies that develop sensors, lasers, optics, fibres, photonic integrated circuits, …
This presentation on the role of state-owned enterprises in economic development in China by Zhengjun ZHANG was made at the OECD Workshop on SOEs in the Development Process held at the OECD Conference Centre in Paris, France, on 4 April 2014.
Find out more at http://www.oecd.org/daf/ca/2014-workshop-soe-development-process.htm
This is an update of the 2012 presentation at https://www.slideshare.net/WorldResources/emerging-actors-in-development-finance-a-closer-look-at-chinas-overseas-investment
When it comes to overseas development finance, China is definitely a country to watch. Due to the country’s unprecedented economic growth, China’s overseas investments have increased exponentially in recent years. Between 2009 and 2010, two Chinese state-owned banks lent more money to other developing nations than the World Bank did. In fact, between 2002 and 2011, China’s outward foreign direct investment (OFDI) stock grew from $29 billion to more than $424 billion.
But what factors are driving all of this growth? What areas of the world are on the receiving end of China’s OFDI flows? And what sorts of social and environmental standards are in place for banks’ and enterprises’ investments? WRI answers these questions and many more in its recently updated powerpoint presentation "Chinese Development Finance: A Closer Look at Chinese Sustainable Finance."
China’s Belt and Road Initiative and Bilateral InvestmentAEPF
Professor Lee Jones in this PPT shows the bilateral investments along the Chinese Belt and Road Initiative. The PPT shows through data and graphs the levels and impacts of these investments.
"Ireland’s Competitive Edge Through Innovation in the AgriFood Sector" Cathal...Asia Matters
Cathal O’Donoghue of the Rural Economy and Development Programme, Teagase gave the speech at the Asia Ireland Food and Agritech Forum in Cork, 14 July as part of Asia Business Week Ireland 2015
"Using Multidisciplinary Research to Grow the AgriFood Sector" Niall SmithAsia Matters
Niall Smith of Cork Institute of Technology gave the speech at the Asia Ireland Food and Agritech Forum in Cork, 14 July as part of Asia Business Week Ireland 2015
"Outline of China’s Food Safety Priorities for Imported Food" Zhang FengAsia Matters
Zhang Feng of Institute of Food Safety at Chinese Academy of Inspection & Quarantine gave the speech at the Asia Ireland Food and Agritech Forum in Cork, 14 July as part of Asia Business Week Ireland 2015
"How Future Dairy Expansion Will Benefit Ireland" Cormac HealyAsia Matters
Cormac Healy of the Irish Dairy Industries Association gave the speech at the Asia Ireland Food and Agritech Forum in Cork, 14 July as part of Asia Business Week Ireland 2015
"A Business Perspective on the EU-Korea FTA and EU-Korea Trade" Sangwoo Kim,...Asia Matters
A Business Perspective on the EU-Korea FTA and EU-Korea Trade as presented by Sangwoo Kim, President of Corporate Affairs Europe, Samsung at The Seventh EU Asia Top Economist Round Table on 10 July as part of Asia Business Week Ireland 2015, hosted by Asia Matters
"Jiangsu Region: The Economic Gateway to China" Liang Baolin Asia Matters
Liang Baolin of Jiangsu International Investment Promotion Centre, Department of Commerce gave the speech in Cork, 13 July as part of Asia Business Week Ireland 2015
"Ireland's Leadership Role in Creating Global Value Chains in the AgriFood Se...Asia Matters
David Butler outlines steps taken by Ireland to stay ahead of the competition in the Agribusiness sector in creating global value chains at the Asia Ireland Food and Agritech Forum in Cork, 14 July as part of Asia Business Week Ireland 2015.
"The Asian Opportunity: New Profitable Markets for Ireland’s Most Important I...Asia Matters
David Meagher leads KPMG's Food, Drink and Agribusiness group, and provided an overview on the potential of Asian markets for Ireland's Agribusiness sector at the Asia Ireland Food and Agritech Forum in Cork, 14 July as part of Asia Business Week Ireland 2015.
“Managing Global Talent in the Digital Age” Ryan ShanksAsia Matters
Ryan Shanks of Accenture Strategy gives the speech at the Asia Ireland Higher Education and Global Talent Forum in Dublin, 9 July as part of Asia Business Week Ireland 2015
"Talent for Innovation: The Role of Universities." Ned CostelloAsia Matters
Ned Costello of Irish Universities Association gives the speech at the Asia Ireland Higher Education and Global Talent Forum in Dublin, 9 July as part of Asia Business Week Ireland 2015
“Delivering Real Education Partnership between Asia and Ireland” Professor Ci...Asia Matters
Professor Ciarán Ó Catháin of Athlone Institute of Technology gives the speech at the Asia Ireland Higher Education and Global Talent Forum in Dublin, 9 July as part of Asia Business Week Ireland 2015
“In Pursuit of Excellence: Creating a Global University” Professor Andrew DeeksAsia Matters
Professor Andrew Deeks of University College Dublin gives the speech at the Asia Ireland Higher Education and Global Talent Forum in Dublin, 9 July as part of Asia Business Week Ireland 2015
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
USDA Loans in California: A Comprehensive Overview.pptx
Dissecting the Current Merger Wave in China and the Implications for EU, Li Xiaoyang
1. Dissecting the Current Merger Wave in
China and the Implications for EU
Xiaoyang Li
Assistant Professor of Finance
Cheung Kong Graduate School of Business
Sixth EU Asia Top Economist Round Table
EU China Economic and Finance Forum
Beijing, 17 November 2014
6. 6
New Features of Current Merger Wave
1) BAT’s (Baidu, Alibaba, and Tencent) expansion through acquisitions
2) Hybrid ownership reforms offer private enterprises with golden
opportunities
3) More acquirers are private rather than state-owned enterprises
4) More and more firms seek targets overseas
5) Most targets are in different industries from acquirers
6) Acquisition becomes public-listed companies’ key value enhancing tool and
becomes the main exit channel for VC/PE
7) Many buyout funds are assisting
▪ Investment banks/Financial advisors
▪ PE
▪ PE+Listed Companies
- Combining primary and secondary markets
7. 7
Forces behind Recent Merger Waves
National
Industrial
and
Financial
Policies
Merger &
Acquisition
RMB and
Capital
Market
Globalization
Technology
and
Consumption
Upgrading
MBO and
Hybrid
Ownership
Reforms
Banks, PE,
and Buyout
Funds
8. 8
Macro Policies
• In 2008, the State Council’s Nine Measures: #5: Create new financing channels
through M&A loans, REITs, Private Equity, and regulated informal lending
• In December 2008, CBRC’s Guidelines on Commercial Banks’ M&A Loans
• In September 2010, the State Council’s Opinions on Promoting Enterprise’s M&As
• CSRC promulgates “Provisions on the Material Asset Reorganization and Ancillary
Financing of Listed Companies”
• In January 2013, 12 ministries promulgated “Guidelines on Promoting Important
Sectors’ M&As” set priorities on Steel, Cement, Auto, Ship, Aluminum, Rare Earth,
Information, Pharmaceutical, and Agriculture sectors
• 07/14,People’s Bank of China loosens restrictions on individual/firm investing
abroad
National
Industrial and
Financial
Policies
9. 9
Reviving State-Owned Sector
• Capital-output efficiency
Year 2003 2004 2005 2006 2007 2008 2009 2010
Capital
%
50.1% 48.8% 48.9% 48.5% 52.0% 53.3% 51.6% 41.9%
Output
%
37.5% 35.2% 33.3% 31.2% 29.5% 28.4% 26.7% 26.6%
• Over capacity in some sectors
21% 21%
28%
35%
93% 95%
Steel Automobile Cement Electrolyti Aluminum Glass Solar Battery
10. 10
SinoPec’s Ownership Reform
MBO and
Hybrid
Ownership
Reforms
• Who are behind the curtain?
1. 三洲隆微实业
2. BoHai industrial private equity
3. Pacific Insurance
4. CICC
5. HOPU (厚朴投资)
6. Haier
7. ICBC
8. Huaxia mutual fund
9. Huaxia mutual fund
10. Harvest mutual fund
11. Harvest mutual fund
12. RRJ Capital
13.国家开发投资公司
14. Fosun (复星)
15. A PE
16. CICC
17. Tencent
18. A life insurance company
19. CICC
20. 新奥控股
21. Cinda AMC (信达资产管理)
22. Huiyuan
23. China Life
24. China Tobacco
25. China Postal Insurance
14. 14
Deal Synopsis
Banks, PE,
and Buyout
Funds
• July, Hony Capital (investment arm of Lenovo) announced to
buy Pizza Express, for £900 million (¥9.55 billion)
– Largest acquisition in Europe in restaurant industry
– Highly levered buyout (LBO) with about £200 million rated below
investment grade (by Moody’s)
• Pizza Express was founded in London in 1965, famous for
Italian Pizzas
• 22 stores in Greater China (1 in Beijing, 9 in Shanghai, 12 in
Hong Kong)
• Hony capital is also very active in SOE privatization
15. 15
Bright Food Acquires Weetabix
• Bright Food group, a state-owned conglomerate of
food/liquor/supermarkets, one of Shanghai’s chosen champion
• Has failed to acquire United Biscuits, Yoplait before
• Acquired Weetabix in 2012 from Lion capital
– £ 1.2 billion using bank loans, bridge loans, bonds
16. 16
Another PE Deal
Banks, PE,
and Buyout
Funds
• April, 2012, Wuhan WuTong GuiGuTianTang used €32.45
million (~¥284 million) acquire Steyr Motors in Austria
• November 5, 2012, Boying investment (博盈投资000760.SZ)
announced to conduct a private-placement of 314 million shares
to 6 institutions at ¥4.77 per share to raise ¥1.5 billion
– ¥ 500 million to buy WuTong GuiGuTianTang’s 100% shares; ¥ 300
million to invest more in Steyr Motors; ¥ 300 million for R&D; rest for
liquid capital
▪ 5 PEs participated, including GuiGuTianTang
17. 17
Common Traits
• Chinese companies seek brand and technology to upgrade
consumer discretionary goods and machinery manufacturing
• EU targets tend to exhibit stagnant growth and high leverage
• China buyers offer capital and market growth prospect
• State champions, private equities, and private enterprises are all
active
18. 18
Smile Curve
Consolidation
Resources &
Technology
Branding &
Channels
Upstrea1m8 Downstream
Value
Manufacture
China Market
19. 19
Conclusions
• Forces driving China’s merger waves are brewing
▪ Government deregulation
▪ Technology disruption
▪ Financial innovation
▪ Economy globalization
▪ State Privatization
▪ PE/Buyout funds
• Mergers and acquisitions are invigorating the Chinese economy!
• Two-way street for China-EU M&As!