Surge of Cross-Border M&A Deals by Chinese Banks Is Creating
Opportunities for Foreign Banks

Chinese Banks Have Good Reason to Venture Abroad but Face a Range of
Challenges as They Pursue Cross-Border Deals
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Chinese banks have been pursuing larger, more ambitious M&A deals.
Many deals have involved taking stakes in foreign institutions,
according to a report by The Boston Consulting Group (BCG). The
report, titled Venturing Abroad: Chinese Banks and Cross-Border M&A ,
released on September 18, 2008.

From 1993 through 2005, Chinese banks made an average of about one
cross-border acquisition per year. Most deals were valued at under $20
million. Since then, Chinese banks have made 11 cross-border M&A
deals. Five of these were worth at least $1 billion.