Adam Roseman Optimistic About Chinese Economy

Adam Roseman of ARC Investment Partners sees good news in the continuing strong showing in the mergers and acquisitions sector of the Chinese marketplace. Overseas investors are seeing a great potential in the natural resources industry, which is the main industry which overseas investors are supporting as the M&A market continues to show robust activity. During the first half of 2010 not less than fourteen deals were signed in the natural resources sector, including the largest deal, Sinopec’s acquisition of 9% in Synacrude, worth about 4.7 billion dollars. Another example of a larger M&A deal which is driving the success of this industry was the investment China Investment Corporation made in PennWest Energy, valued at a total of 1.2 billion dollars.