According to a report from PricewaterhouseCoopers, in 2010, Chinese companies transacted 188 mergers and acquisitions (M&A) overseas. Totaling US$38 billion, this represented a 30% increase over the previous year. Thirty-four M&As occurred in the United States, which was the largest share. While the majority of M&As appeared to be in mining, metal, and chemical plants, the number in the technology sector increased from 11 in 2009 to 24 in 2010. Regarding whether China is treated fairly in its M&A activities in the United States, PricewaterhouseCoopers stated that the government review and approval process is the same for Chinese companies as it is for their competitors.
Source: Jinghua Times, January 18, 2011