Takeovers in corporate china are rarely a straightforward matter .

中国的企业收购很少是直来直去的。

Cross-border takeovers are also putting upward pressure on currencies .

跨境接管也增加了货币升值的压力。

Takeovers are very public conflicts over commercial assets .

收购是对商业资产展开的非常公开化的争夺。

Even hostile takeovers should not be ruled out .

即便是恶意收购，我们也不应将它排除在外。

This has left many private companies vulnerable to takeovers from state competitors .

这让许多民企难以抵挡来自国有竞争对手的收购。