Monday, January 6, 2014

The world is awash with FDI opportunities | UHY Dawgen Chartered Accountants Blog

The world is awash with FDI opportunities | UHY Dawgen Chartered Accountants Blog: "In 2014 and the foreseeable future, as at least half the globe looks to jumpstart renewed GDP growth and escape high unemployment among younger generations, governments are warmly welcoming foreign investors and offering them significant incentive packages to get them aboard.

Think FDI, think China. Who would have imagined a decade ago that China’s influence in Africa would be so swiftly mirrored into Western culture? Chinese overseas merger & acquisition (M&A) investment has more than doubled in the last five years. In the first 11 months of 2013, Chinese companies announced 107 deals worth USD 43.7 billion – compared to just 45 deals worth USD 17.3 billion in the whole of 2007.
China’s increasing appetite for Western assets – and the West’s preparedness to receive Chinese investment (while drawing less attention to issues such as intellectual property) – appears hampered only by the Chinese themselves: they have a 25-30% annual staff turnover in
Chinese financial services firms, and the way they currently engage in M&A deals
is different from practices employed by their Western counterparts.more

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