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Published in:
2019 | OriginalPaper | Chapter
1. China Goes Global
Authors : Jan Y. Yang, Lei Chen, Zheng Tang
Published in: Chinese M&As in Germany
Publisher: Springer International Publishing
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Abstract
Before the recent wave of M&A activities from Chinese companies in Germany, there were at least four other major waves of M&As worldwide, beginning with the Americans’ expansion into Europe after the World War II. Their international activities were, in turn, followed by similar waves by the Europeans in the 1960s, the Japanese in the 1970s, and finally the Korean and Taiwanese in the 1980s. M&As proved to be a effective vehicle for multinationals to expand overseas.