Chinapost reported the top ten countries that acquired businesses in China from July, 05 to June, 06.
Altogether there were 266 foreign companies from 41 countries that bought a Chinese company during that time. Money spent on the acquistions was $14 billion, up from $9 billion the previous year.
The top ten countries:
10. Taiwan - $166 million
9. Australia - $234 million
8. Japan - $242 million
7. France - $321 million
6. Germany - $399 million
5. Hong Kong - $584 million
4. Belgium - $756 million - this one surprised me...
3. Singapore - $1.84 billion
2. U.K. - $3.46 billion
1. U.S.A. - $5.37 billion
I am not surprised that the US was tops, but I was surprised that Japan was so low, and that Belgium was so high.
Can somebody from Belgium tell me what they are buying?
Comment Preview