My experience is that in China there are very little businesses being sold. Hence acquiring businesses is unlikely in my view. They work gladly with partners or JV's
The consensus is, that if you sell a business, it must be a bad business. All Chinese business migrants that come to Aus will NEVER sell their Chinese business, they run it under management or have family run it. Just my 2 cents
SBB Price at posting:
4.9¢ Sentiment: None Disclosure: Not Held