The usual positive effects of foreign investments are only valid to a limited extent for company takeovers by Chinese … reasons. This favours China’s rapid technological catch-up, which could lead to a loss of prosperity in the industrialised … concerns are exacerbated by the continuing competitive distortions of Chinese state capitalism. Therefore, tighter restrictions …

cross-border mergers and acquisitions (M&A) on multinational firms are rather unclear and much disputed. We empirically … analyze the effects of cross-border M&A on the performance of multinationals in Germany using new data on the firm-level. In …