Chinese have come to the forefront recently by buying German companies. Purchases made in 2016 were 13 times higher than in the previous year.
Chinese investors are taking attention by paying $ 13 billion for the companies they acquired in 2016 from Germany. By 2014, 30 million dollars, and by 2015 Chinese spent about 900 million dollars to buy 37 German companies, and in 2016 they bought 56 German companies.
More than half of these purchases are experienced in industry and machinery manufacturing where Germany is traditionally strong.
Worldwide spent $ 247 billion in 2016
Germany is not the only country that is targeted by Chinese investors. The total amount that the Chinese spend on outsourcing firms is $ 247 billion in 2016, up 140 percent from 2015. China spent $ 16.5 billion on this field 10 years ago.
China, the second in the world in the field of takeover of firms from outside. First, there are US firms.
ILKHA