开放视角的投资：2019年海外并购及“一带一路”沿线投资机会分析

Abstract:Under the influence of global protectionism，European and American countries have tightened supervision on foreign investment.In 2018，the scale of overseas investment and mergers and acquisitions of Chinese enterprises has declined，and there is a tendency to return to traditional industries.In emerging industries，health industries and consumer upgrading industries have become new investment hotspots.Regarding to the regions，the overseas investment of Chinese funded enterprises is hot in Europe and cold in the US.The investment along the belt and road continues to maintain a good momentum.Among them，Malaysia，Russia，Indonesia，Singapore，Israel and India become hotspots for Chinese enterprises to invest.Looking at the investors，the number of medium-sized regional leading enterprises that went abroad increased dramatically in 2018.In terms of transaction amount，large-scale acquisitions have decreased while small and medium-sized acquisitions have increased.In 2019，Chinese enterprises will continue to expand the layout space of the industrial chain overseas，and the overseas investment of regional leading enterprises will be prominent.In addition，professional equity investment institutions and bilateral investment funds will also play a more important role in overseas acquisitions.We should be vigilant against the uncertainties brought about by political risk factors in Europe，as well as the subsequent development of Sino-US trade disputes，the huge debt problems of emerging economies and the pan politicized interpretation of the “belt and road” initiative.

收起