Business Relations Between 2000-2004 China And Shanghai...

There is a growing number of firms in the developing world, which have participated in overseas business and many have even started merging or acquiring their foreign counterparts. Firms in the developed world are well-known to invest in Developing countries, which in return benefits the foreign firm and the local stakeholders. However, it is argued that many foreign firms exploit the resources and labour of the under-developed countries. Nowadays, many firms in the developing world have found the western market a feasible investment, as they provide skills, technology, customers and other benefits, otherwise not accessible in their respective countries. The number of Cross-Border mergers and acquisitions (CBMA’s) have grown in developing countries, between 2000-2004 China saw 27 CBMA’s in the Shanghai and Shenzhen stock markets, which shows that the number is relatively low but it is a large improvement as these firms are comparatively young to their foreign counterparts. 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