In chaos lies opportunity. In the 10 months since Lehman imploded, Chinese companies have gone on an unprecedented buying spree. Chinese bidders have announced 50 outbound offers worth $30m or more, according to Dealogic, totalling just over $50bn. Setting aside the almighty blooper of Chinalco's thwarted approach to Rio Tinto, and Beijing Automotive's failed bid for Opel, the success rate has been high. Just three deals have been withdrawn, and one of those – Minmetals' bid for Oz Minerals – was resurrected in an acceptable form. Twenty four deals worth a combined $17bn have been completed; 21, worth almost $18bn, are pending.
混亂之中自有機遇。雷曼兄弟破產以后的10個月期間，中國公司掀起了一股規模空前的收購熱潮。來自Dealogic的數據顯示，中國收購方已經提出50項3000萬美元或以上的競購要約，總額恰好超過500億美元。剔除受挫的中鋁(Chinalco)入股力拓(Rio Tinto)，以及北汽控股(Beijing Automotive)競購歐寶(Opel)，中方的成功率其實很高。迄今只有三宗競購被撤回，而其中一筆交易——中國五礦(Minmetals)收購Oz Minerals——又以可接受的形式復活了。總價值達到170美元的24宗交易已經完成；近180億美元的21宗交易仍在進行中。