Chinese companies are winning in the M&A market. Now they have to prove they can win in Washington.
Overseas takeover bids by Chinese companies are on pace for a record year. Technology distributor Ingram Micro on Wednesday said it has agreed to a $6 billion offer from a unit of Chinese conglomerate HNA, a deal that comes after China National Chemical's $43 billion agreement to buy Swiss agriculture firm Syngenta and Haier's $5.4 billion bid for General Electric's appliance unit.
