Chinese M&A's set to grow in 2013

The Shuanghui-Smithfield takeover cements the rising trend of Chinese overseas M&As--which hit 65 billion dollars last year. Let's run through some of the biggest recent deals.

Topping the charts, Chinese energy giant CNOOC's acquisition of Canada's Nexen for a whooping 15.1 billion U.S dollars. It finally settled in February, after a 7 month wait.

Also in February, China's biggest oil refiner, Sinopec bought a stake in Chesapeake Energy's asset, for 1 billion U.S dollars. It took half of the stake of the U.S firms's oil and natural gas fields the border of Oklahoma and Kansas.

In the entertainment space, Wanda group's 2.6 billion USD buyout of American theatre giant AMC was another headline-grabber. Analysts say China's outbound M&As are expected to have another record year in 2013, especially by private Chinese companies in Europe's manufacturing sector.