The loss-making Nexen project in Canada is the headache to the high level officials in National Offshore Oil Corporation (CNOOC) Ltd.

However, the difficult faced by CNOOC is not an isolated case.

Anbound's research team points out that as there are more Chinese enterprises investing overseas, the risk associated with the overseas takeovers have surfaced.

One of the main reasons why the Chinese enterprises, particularly the state owned enterprises (SOEs) are making loss in their takeover investment is their lack of study on the macro-economic trend and risk.

The Chinese enterprises, particularly SOES should strengthen their study on this field.