Chinese companies’ appetite for acquisitions abroad has increased during the last 10 years and did so as well in 2014. The value of China’s outbound investment (ODI) reached USD 102.9 billion in 2014, an increase of 14.1% and a new all-time high.
The continued growth of the Chinese economy might partly be the reason for the many Chinese companies going abroad and seeking new competitive technologies or brands, which they can introduce to their ever increasing demanding customers.
Several pundits had forecasted that 2014 would be the year, where China’s ODI would surpass China’s foreign direct investments (FDI), but that didn’t happen, as China’s FDI rose 1.7% to USD 119.6 billion.