Aug 19, 2010
Report: Chinese Mergers and Acquisitions Surge in 2010
Mergers and acquisitions involving Chinese companies have surged in the first half of the year over the same period in 2009, led by growth in Chinese acquisitions abroad, according to a report issued Monday by accounting firm PricewaterhouseCoopers. Such outbound M&A grew by 50 percent in the first six months of 2010, PwC reported, with 99 deals announced