Chinese buyers keep shopping in the US

The investment spree in the US by Chinese companies are still increasing with 36 deals valued at $39 billion announced this year, while 2015's full year investment was $17 billion and the 2014 number was $14 billion. Real estate sector plays a big role recently when Chinese insurance company Anbang offered a bid of $12.8 billion to acquire Starwood Hotels & Resorts Worldwide and Anbang is in the process of purchasig Strategic Hotels & Resorts Inc. About $102 billion has already been spent by Chinese companies in overseas M&A this year, while the total overseas investment was $106 billion in 2015. The deals include the $43 billion acquisition of Swiss Syngenta and the $6 billion acquisition of US Ingram Microid. However, Fairchild and Pericom rejected offers from Chinese companies due to concerns about US national-security grounds. The Wall Street Journal has more.