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上世纪90年代后半期以来,跨国并购(M&A)剧增带来世界跨国直接投资(FDI)的飞跃式发展。据联合国贸发会议《世界投资报告》统计,全球跨国并购1996年突破2000亿美元,占当年跨国直接投资额3861亿美元的59％; 2000年突破一万亿美元,为11438亿美元,占当年跨国直接投资额1 3930亿美元的82％。此后一度下降,但并购仍占较大比重,2004年全球跨国并购额为3806亿美元,占当年跨国直接投资额6481亿美元的59％。
Since the second half of the 1990s, the dramatic increase in cross-border M & A has brought about a leap forward in the world’s transnational direct investment (FDI). According to the UNCTAD World Investment Report, the global cross-border mergers and acquisitions exceeded US $ 200 billion in 1996, accounting for 59% of the total direct investment of 3861 billion U.S. dollars in that year. In 2000, it exceeded US $ 1 trillion to reach 1.1438 trillion U.S. dollars, The amount of cross-border direct investment is 82% of the 1,393 billion U.S. dollars. However, mergers and acquisitions still accounted for a large proportion. In 2004, the global cross-border mergers and acquisitions amounted to 380.6 billion U.S. dollars, accounting for 59% of the total foreign direct investment of 648.1 billion U.S. dollars.