The anticipated megamerger of ChemChina and Sinochem implies there is a common thread linking China’s planned economy and countries with freer markets. China says it wants to reduce production capacity. Takeovers in mature industries in Europe and the US often have the same motive. But it would be a mistake to pursue parallels too far.
外界預料,中國化工(ChemChina)和中化集團(Sinochem)將進行合并。由此可見,中國的計劃經濟與擁有更自由市場的國家之間存在一個共同點。中國表達了“去產能”意愿。在歐洲和美國的成熟工業中,收購也往往是出于同樣的動機。然而,如果你過度去追尋二者之間的相似之處,那就大錯特錯了。
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