The sub-forum "Overseas M&A: Now, But Where?" is held at the Boao Forum for Asia (BFA) Annual Conference 2013 in Boao, South China's Hainan Province, April 8, 2013. (Xinhua/Guo Cheng)

Zhang Hongli, vice president of Industrial & Commercial Bank of China, speaks during the sub-forum "Overseas M&A: Now, But Where?" at the Boao Forum for Asia (BFA) Annual Conference 2013 in Boao, South China's Hainan Province, April 8, 2013. (Xinhua/Guo Cheng)

John Zhao, CEO of Hony Capital and executive vice president of Legend Holdings, speaks during the sub-forum "Overseas M&A: Now, But Where?" at the Boao Forum for Asia (BFA) Annual Conference 2013 in Boao, South China's Hainan Province, April 8, 2013. (Xinhua/Guo Cheng)

Robin Chambers, co-founder and senior partner of Chambers and Company International Lawyers, speaks during the sub-forum "Overseas M&A: Now, But Where?" at the Boao Forum for Asia (BFA) Annual Conference 2013 in Boao, South China's Hainan Province, April 8, 2013. (Xinhua/Guo Cheng)

Paul Sheard, executive managing director, chief global economist and head of Global Economics and Research of Standard & Poor's, speaks during the sub-forum "Rethinking the Monetary Policy" at the Boao Forum for Asia (BFA) Annual Conference 2013 in Boao, South China's Hainan Province, April 8, 2013. (Xinhua/Zhao Yingquan)

The sub-forum "Rethinking the Monetary Policy" is held at the Boao Forum for Asia (BFA) Annual Conference 2013 in Boao, South China's Hainan Province, April 8, 2013. (Xinhua/Zhao Yingquan)

Li Ruogu, chairman and president of the Export-Import Bank of China, speaks during the sub-forum "Rethinking the Monetary Policy" at the Boao Forum for Asia (BFA) Annual Conference 2013 in Boao, South China's Hainan Province, April 8, 2013. (Xinhua/Zhao Yingquan)