Global

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  • Service: Tax, Mergers & Acquisitions, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 11/22/2013

China - Emergence of Chinese multinational corporations 

November 22: As China’s national economy continues to globalize, it is important to see how this is playing out at the corporate level. A number of Chinese companies—both state-owned and private—are successfully internationalizing operations, in many cases in a matter of a few years.

Some firms have pursued overseas listings, some have entered into joint ventures or cooperation agreements with foreign companies, and others have expanded overseas through mergers and acquisitions, “Greenfield” investment, or other forms of outbound direct investment. As a result, the global business community is now seeing a new phenomenon—the Chinese multinational corporation.


Read a 2013 report [PDF 682 KB] prepared by the KPMG member firm in China: The emergence of Chinese multinational corporations (MNCs): Local and global implications




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