MARKET WATCH

MARKET WATCH

$6.56 billion

The transaction value of mergers and acquisitions (M&As) in the third quarter of 2012.

$1.44 billion

The transaction value of M&As in the real estate sector in the third quarter of 2012.

233

The number of M&A cases in the third quarter of 2012. Of the total, 22 Chinese companies completed overseas M&As, with a transaction value of $1.86 billion.

THE MARKETS

Still OptimisticU.S. companies continued to see strong growth and bulging profts in China in 2011, the U.S.-China Business Council, a leading bilateral business organization, said on October 10. The council is a private, nonpartisan and nonproft organization of roughly 240 U.S. companies that do business in China.

“Two thirds of companies surveyed said revenue from their businesses in China grew by 10 percent or more in 2011. Seventy-fve percent said proft margins from their China operations were the same as or better than their company’s global margins,” said John Frisbie, president of the council at the release of the 2012 China Business Environment Survey.

Nearly three quarters of respondents in the survey indicated that they expected their revenues in 2012 to increase.

“Despite market growth, company optimism is tempered by rising costs, domestic competition, and continuing regulatory and market access barriers,” Frisbie added.

The council estimated China is a $250 billion market for American companies.

Designers’ Night

Di Lusso Gaopin Impero (DGI), a leading force in China’s high-end home furnishings sector, held a Designer’s Night on September 28 at the 2012 Beijing Design Week. A dozen of world leading designers, political figures and business people showed up at the event to discuss the latest trends in home furnishing designs.

In a bid to introduce leading-edge styles in home furnishing in China, DGI has inked agreements with Italian brands, such as Poltrona Frau, Fendi Casa, ColomboStile and Capplinni, Cassina and the prestigious Italian designer Marco Piva, who designed the Porto Dubai.

The activity also marked the launching ceremony for a new 4,000-square-meter DGI exhibition hall, located nearby the CCTV building in Beijing.