China VC overseas Investment Fever: Global wealth transfer Asian private enterprises rise

According to the New York Times, 8th, Chinese investors are setting off a "spree of acquisitions", marking the "shift to Asia" of global wealth. Their sights have also shifted from the mines of Latin Africa to the world-class brands in Europe and the US. In the recent round of overseas acquisitions, the role of private enterprises is very bright, according to PwC statistics, the first half of 2014 Chinese private enterprises overseas mergers and acquisitions rose by 218.6%. Chinese investment in recent years has been a "surprise" for Italy, including the acquisition of Italian luxury brands that have been stranded in the European debt crisis, the Financial Times reported. China's Huawei has also invested 500 million euros in Europe, "2000 years ago, the Silk Road communicated with Europe and China and, 600 years ago, Marco Polo built the bridge between Europe and the US, and now we are building the road of information and linking east and west more closely," the article added, adding that Now the way from China to Europe is actually "stuffed with investment". In addition to the "Crazy takeover" in Europe. China's Greenland Group recently acquired a 70% per cent stake in the Atlantic Plaza project in New York and plans to rename it "Pacific Square" after the takeover. The New York Times commented that Deng had pioneered a path in the late 70, that is, the private sector to prosper the Chinese economy, today, China's private enterprises and state-owned enterprises are setting off an overseas investment spree, including China's richest and most powerful companies, such as Alibaba, Baidu, Huawei, Wanda and so on.