Private Chinese companies should seize the post-crisis opportunity to accelerate overseas acquisitions, boost global competitiveness and aid the country's economic restructuring, officials and company executives said on Thursday.
In addition to major state companies securing natural resources abroad, China's private sector, which is much less vulnerable to foreign regulatory hurdles, should also step up acquisitions of overseas assets for technology and expertise, they said.
In addition to major state companies securing natural resources abroad, China's private sector, which is much less vulnerable to foreign regulatory hurdles, should also step up acquisitions of overseas assets for technology and expertise, they said.
