Chinese firms investing
overseas are increasingly buying businesses
with technology, brands and know-how
as they move up the value chain
and counter falling margins at home,
private equity fund A Capital
said.
Europe, the top
destination for Chinese investment last
year, will remain attractive due to
moderate valuations, the absence of
regulatory hurdles and the "strategic
match" with areas of interest to
China such as services, A Capital,
which is based in Brussels and
Beijing and backed by China's
sovereign wealth fund, said in a
report on Tuesday.
（Editor：WangXin、Gao
Yinan）
