Alex Zhang, partner and Head of White & Case's China corporate and M&A practice writes:
"The world is witnessing a surge in the value and volume of China's outbound M&A deals. Major target markets include the US and Europe, as well as some emerging markets.
"China's M&A outbound deals have reached historic highs in value solely in the first quarter of 2016, as PwC reports. A tally of 115 Chinese outbound M&A deals was publicized, with an overall value of US$82.6 billion, eclipsing all previous annual figures. There is also a myriad of other developments in how Chinese corporates are doing deals, including changes in the business purpose and strategy behind acquisitions."