谁能翻译一下金融专业英语,谷歌跟有道直接翻译的答案请不要发谢谢 另有重赏

谁能翻译一下金融专业英语,谷歌跟有道直接翻译的答案请不要发谢谢 另有重赏
For these reasons, Mergers and Acquisitions (“M&A”) commonly used in Western economies to acquire, divest and restructure businesses are gradually finding their place in China. Although M&A still only constitute a minor portion of foreign investment in China, they are becoming increasingly common amongst many foreign companies looking to either access or expand their operations in China, and appear to be the characterizing the next wave of foreign investment into China. In addition to the underlying advantages of M&A, specific drivers behind this recent trend have been the sell off of State-Owned Enterprises (SOEs), the opening of traditionally restricted industries, and the fierce
competition in a range of more developed industries. To date, M&A activity has been concentrated in the manufacturing sector, but as China continues to liberalize its services sector, M&A activity is expected to become more widespread. Many companies are also exploiting M&A as an investment vehicle. It is important for companies looking for M&A opportunities to understand the China specific factors that will come into play, including not only the M&A process, but also what they are buying and for how much. The primary
differences between M&A deals in China compared to M&A deals in the West are the duration, difficulty and success rate: Chinese deals take more time, are more complex and fail more frequently. Each M&A transaction, whether it be an SOE asset purchase or an FIE equity purchase, will have its own unique set of circumstances.

对于普遍被用于西方经济获得,剥除而且更改结构商店的这些理由、合并和获得 （" M＆一 ") 正在逐渐地发现中国他们的地方. 虽然 M＆一仍然只在中国构成外国投资的较小部分,但是,他们变成逐渐通常当中许多外国的公司期待或通路或者在中国扩张他们的操作,而且似乎是这表示下一波外国的投资特色进入中国. 除了 M＆一的在下面利益之外,在这个最近的趋势后面的特定驾驶员是这州立企业 （因此）削价廉售, 开始传统地限制了工业,和凶猛者
多种更多的竞争发展工业. 到目前为止, M＆一活动已经在制造业的部门中被集中,但是当中国继续使它的服务部门自由化, M＆一活动预期变得更广大. 许多公司也正在开发 M＆一为一辆投资车辆. 它对公司─找寻 M＆一机会了解将会进入游戏的中国特定因素重要,包括不只有 M＆一程序,但是也什么他们正在买和为多少. 这主要的
在 M＆一之间的不同与 M＆一相较经营中国经营西部是期间、困难和成功率： 中国交易花较多的时间,更复杂而且更时常失败. 每 M＆一交易,是否它是 SOE 资产购买或者一咄公正购买,将会有境况的它自己独特组.