China is theleading exporter of capital of the world now. Chinese enterprises’ outbound investment and M&A, IPO,global bidding for infrastructure projects andother business operations are becoming more and more frequent. Against the backdrop of the “Belt and Road” initiative, Chinese enterprises will “Going Global”in a better way.

However, due tothe insufficient understanding of the target countries’ politics,culture and society,etc.Chinese enterprises have been experiencing setbacks in theprocess of outbound investment and M&A Data shows that more than 90% of outbound investment projects conducted by more than 20,000 Chinese enterprises areloss-making.

In order tobetter protect their interests and prevent risks,Chinese enterprises mustbreak through legal and cultural barriers.Therefore,in May 13,2016,Cathay Associates and Phenix InternationalThinktank held the Forum on the “Belt&Road & Chinese Enterprises’Outbound Investment and M&A” (“Forum”) at Grand Hyatt Shanghai to summarize the problems encountered by Chinese enterprises in the process of going global. Theforum also invited representatives of managers of well-known enterprises toshare their successful cases and experience in outbound investment and M&A to improve the consciousness of risk management of Chinese enterprises and to popularize the practical international rules.

Guests think thatthe political and legal risks existing in the enterprises’ investment and M&A in countries along the “Belt and Road” are still serious.In order toavoid risks, we should do enough preparatory work,which requires both the internal training of personnel and the external cooperation between Chinese and foreign lawyers.

Top experts had aheated discussion at the forum,and several central or local medias includingIFeng.com, Phenix International Thinktank,Xinhua Net,Jiemian.com,Yicai,China Business Journal,People.cn,Ecns.cn,etc, carriedout live reports and news releases about the Forum.

After the forum,regarding the “Belt and Road &Chinese Enterprises’ Outbound Investment and M&A”,Feng Tianyuan,a reporter from IFeng.com had an interview with Cathay Associates partners.

Feng Tianyuan,reporter from IFeng.com

HeJie,global chairman of Cathay Associates and managing partner of Cathay Associates Kejie

Zou Ming,vicepresident and editor-in-chief of Ifeng.com,director of Pit.IFeng.com

Zhang Jun,deanof School of Economics,Fu Dan university

He Ning,formerchairman of Morgan Stanley International Bank (China) and chairman of ZhongJin GuoTai Investment Management Co.Ltd

IFeng.comreporter interviewed the European partner of Cathay Associates about the “Beltand Road” 

Wang Hang,vice chairman of New Hope Group and founding partner of Hosen Capital

Zhi Peng,vice president of Qing Kong Financial Group

CaoLei,partner of Cathay Associates Kejie