Q: Where are Chinese multinationals acquiring businesses?
China expansion into overseas markets has already started both in organic and M&A terms. In 2015, China represented 20% of global aggregate demand for industrial goods despite only representing just 5% of the aggregate supply. This new era of lower Chinese "local" market growth and greater focus on overseas market shares is likely to lead to greater competitive pressures, which will manifest themselves in a lower profit pool, margins and returns for the Western players.
Q: Which countries are contributing most to Netherlands imports?
Western markets remain largely white space for now, but Chinese presence is increasing from zero and the long term commitment seems to be clear and will be meaningful. Our analysis shows how, for some industrial equipment examples, Chinese industrials are already a meaningful partner to countries in the European Union.