摘要
As China＇s large state-owned enterprises take advantage of the ,global economic crisis by snapping up foreign assets, the country＇s small and medium-sized enterprises （SMEs） aren＇t being left out. Overseas investment projects by Chinese SMEs accounted for an estimated 20% of last year＇s total, with these companies having a greater chance of succeeding in overseas acquisitions compared to large state-owned giants. Generally SMEs see revenues under RMB 2 billion （USD 293 million） a year, while posting high revenue growth of 40% to 100% annually,and many are seeking profits from overseas acquisitions instead of concentrating on expanding domestically; acquiring what they lack instead of building a brand from scratch.
