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    Firms urged to buy abroad

    By Hu Yuanyuan | China Daily | Updated: 2013-03-04 07:51

    Firms urged to buy abroad

    In 2012, there were 40 M&A deals valued at $11.1 billion involving Chinese companies in the United States, which, after Canada, is the second-largest destination for China's M&A capital, according to data from KPMG's Global China Practice. Qiu Jiong / For China Daily

    United States is major target for mergers and acquisitions

    Firms urged to buy abroad

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