Cross-Border M&A

As the world's second largest economy, China nevertheless faces the inevitable economic slowdown and structural challenges as it seeks to transition its manufacturing-based economy into a service and consumer-oriented economy.  In line with the government's support for Chinese companies seeking to enhance their technological capabilities, improving market access and expanding international presence through opportune overseas investments, BHR is well-positioned, with the support of our sponsors including the Bank of China and Bohai Capital and our U.S. and global resources, to bridge China and the rest of the world and to capitalise on the right investment opportunities with our strategic partners.

SOE Reforms

Reform of State-Owned Enterprises ("SOE"), as announced during the Third Plenary Session of the 18th Central Committee of the Communist Party of China, remains a key element of the Chinese Government's initiative to further vitalise and encourages the Chinese domestic market.  Investment opportunities, in both monopolistic and competitive industries, which heretofore, have been closed to public investment, are now available to both domestic and foreign investors.  BHR is among the select few to have participated in the State's pilot reform initative involving the spinning off of the non-oil business segments of Sinopec Group into a separate Sinopec Marketing Corporation.