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中德建交40年来,特别是中国实行改革开放以来,两国经贸关系日益密切,现已互为最重要的贸易伙伴及投资目的地之一。中资企业对德投资以绿地投资为主,但近年来并购方式不断增多,出现了一批涉及金额较大、影响较深的并购项目。并购动因生存和发展是企业的基本目标,而发展则分为内部扩张和外部扩张两种,二者各有利弊。外部扩
Since the establishment of diplomatic ties 40 years ago, especially since China adopted the policy of reform and opening up, the economic and trade relations between the two countries have become increasingly close and are now one of the most important trading partners and investment destinations. Chinese-funded enterprises invest mainly in greenfield investments in Germany, but the number of mergers and acquisitions has been on the rise in recent years, with a number of mergers and acquisitions involving large amounts of money and having a profound impact. Motivation for M & A is the basic goal of an enterprise to survive and develop, while development is divided into internal expansion and external expansion, both of which have their own pros and cons. External expansion