Chinese investment in North America jumps in 2013 – study
Chinese outbound direct investment (ODI) reached $73 billion during the first three quarters of 2013, with the amount of capital deployed in North America rising nearly three-fold on a year-on-year basis, according to A Capital, a private equity firm focused on cross-border transactions involving Chinese companies. It expects ODI to match foreign direct investment (FDI) within three years.
The nine-month ODI figure represents a 20% increase on the same period in 2012. M&A - investment in companies as opposed - came to $41.6 billion and continues to account for the majority of activity, suggesting...
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