Chinese companies have been acquiring American megabrands faster in the last five years than any other time. Further, while Chinese investors are still interested in purchasing natural resources, they have also broadened their horizons: the entertainment, luxury and travel sectors have become increasingly attractive.
An article from AdAge reports that overseas investments have increased tenfold from $790 million in 2007 to $9.4 billion in 2012. Some of the big buys accounting for the investment surge include Volvo, AMC Theaters and ThinkPad. There are also rumors that Smithfield Foods could be the next giant purchase.
To learn more about China’s appetite for American brands, click here for the full article.