China Buys the World: Analyzing China's Overseas Investments [Hardcover]

This book discusses the strategies that will define Chinas overseas expansion in the coming years. China is spending billions of dollars acquiring overseas companies and assets, from the Chicago Mercantile Exchange to the Hinkley Point nuclear station. Will this corporate buying binge continue? In this book, Collier argues that state control will occur only among certain strategically key acquisitions while many of the corporate acquisitions will be done by smaller, private firms. However, Chinas rising debt load may restrict the ability of many firms to obtain capital, including from Chinas shadow banking sector. A key to understanding Chinas strategy is to look at how the state intervenes in private business. Collier ably brings clarity to the gray area between state and private economic activity in this complex landscape. As the West faces Chinas growing investments abroad, this book will be required reading for executives and decision makers, journalists, and policy makers.

1: Introduction.- 2: The Setting.- 3: The Dealmakers.- 4: State or No State?.- 5: China's Global Tentacles.- 6: The Money Behind the Deals.- 7: Will China Take Over the World?
Andrew Collier is Managing Director and Founder of Orient Capital Research in Hong Kong. Mr. Collier is the former President of the Bank of China International USA, where he helped to launch BOCIs U.S. office. Earlier in his career, he was an equity analyst with Bear Stearns and CLSA in Hong Kong, and a journalist covering business for the South China Morning Post in Beijing.This book discusses the strategies that will define Chinas overseas expansion in the coming years. China is spending billions of dollars acquiring overseas companies and assets, from the Chicago Mercantile Exchange to the Hinkley Point nuclear station. Will this corporate buying binge continue? In this book, Collier argues that state control will occur only among certain strategically key acquisitions while many olcr