Fuest, Clemens; Hugger, Felix; Sultan, Samina; Xing, Jing - 2019
find that Chinese acquirers buy targets with lower profitability, larger size, higher debt levels, and more patents … diversification, natural resources and technology. Chinese state-owned acquirers are similar to government-led acquirers from other … Made in China 2025 influence investment patterns of Chinese state-owned acquirers but not those of private investors …