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"Cross-border M&As with strategic significance, especially industrial upgrading and the Belt and Road-related projects, will dominate the overseas M&A market in 2017," said Chen.

"Chinese retailers look for brands that are well placed to expand into their own growing markets where an influential, well-connected name can help to open doors with mall owners, landlords etc, that can be promoted to quickly appeal to shoppers," said McKeever. "As this owner was already familiar with the brand…that knowledge and expertise augers well. Given the rate of expansion in Chinese malls this would seem an ideal opportunity and great fit."

"Considering that the smartphone penetration rate in Southeast Asia is way higher than those for PCs and consoles, it's natural that mobile games are more popular in the region," Candra said.

"Compared with the traditional route via the North China region, the new route offers a new path to further connect the northwestern region with ASEAN countries, allowing the inland region to benefit from the development of the China-ASEAN Free Trade Area. Under the plan, goods from ASEAN countries will be able to be transported to the Central Asia market via the route, which will bring new development opportunities for the northwestern China region," Mei added.

"China, bilaterally and through the Forum on China Africa Cooperation, has been undertaking fruitful economic partnership aimed at achieving sustainable economic development in the African continent," the statement quoted Gebeyehu as saying.