OECD Investment Policy Reviews China: Open Policies towards Mergers and Acquisitions 2006 (Complete Edition ‐ ISBN 9264021930)

China has become one of the world's leading destinations for foreign direct investment (FDI). However, while cross‐border mergers and acquisitions (M&A) have become the dominant form of global FDI flows, they remain a relatively small part of FDI flows into China. In reviewing developments since 2003, this review evaluates the progress made in developing an effective institutional framework for cross‐border M&A in China, takes stock of remaining obstacles, and offers policy options to address them.





Executive SummaryChapter 1. Background to the ReviewChapter 2. The Case for Open Cross‐border M&A Policy in ChinaChapter 3. China's Regulatory Framework for Cross‐Border M&AChapter 4. Lessons form North‐East China ExperienceChapter 5. Problems Faced by Investors in Pursuing Mergers and Acquisitions in ChinaChapter 6. Recommended Policy ResponsesAbbreviationsAnnex A. Informal External Advisory Group on OECD Investment Committee‐China Investment Policy Co‐operationAnnex B. Survey of Company Experiences Regarding Cross‐Border M&A Transactions in ChinaAnnex C. Statistical TablesReferences