Brief Study Of Chinese Enterprises Transnational Mergers And Acquisition

After China entry WTO five years, China national general force rise up very fast, more and more Chinese enterprises are seeking continues development route to invest in global range. Transnational mergers and acquisition (TMA) are the main development strategy and form of Chinese superior enterprises' foreign direct investment. Access to natural resources, markets and the acquisition of strategic assets (including technology and brand names) are the main driving force. Chinese transnational companies invest not only in neighboring countries, but also in Africa, Latin America, North America and Europe.In the article, the author cites the general theory of mergers and acquisition and strategic management first as well as relative studies on Chinese enterprises' overseas FDI practice.Then, as per the basic process of strategy management: environment analysis, strategic choice, strategy executive, the article consists of further analysis and study: The present situation and chance of Chinese enterprises' TMA, The strategic selection of Chinese enterprises' TMA, The case study of Chinese enterprises' TMA strategy executive.Finally, the author reaches the summary on Chinese enterprises' TMA practice, and bring forward suggestion and further macroeconomic thinking of how to guide future practice on the scientific development way.