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Overseas M&A like a rose with thorns: China FX chief

The forex regulator asks Chinese companies to be careful, invest rationally and exercise due diligence

Published Mon, Mar 20, 2017 · 09:50 PM
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Beijing

CHINESE companies investing overseas need to be careful and invest rationally, the head of China's foreign-exchange regulator was quoted as saying by the official Shanghai Securities News on Monday.

"Overseas mergers and acquisitions can sometimes resemble a rose with thorns, you must be careful and you must do your due diligence," said Pan Gongsheng, the head of the State Administration of Forei…

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