China M&A deals to focus on Asian energy and tech sectors

BEIJING: While China takeover deals involving high-profile European and US targets are grabbing the headlines, future purchases of foreign companies are likely to be concentrated in Asia, mostly in the energy and technology sectors, analysts said. 

A recent White & Case survey shows that while Europe and the United States are attracting a share of Chinese investment, more than three-quarters of China's companies are looking to Asia for deals. By comparison, only 56% are considering North America and 44%, Europe.