China M&A activity will enjoy a continuation of the strong growth seen in 2004 in the current year, with larger and more complex deals being undertaken, according to PricewaterhouseCoopers’ Transaction Services group. The rapid increase in activity is being fuelled by the ongoing restructuring and privatisation of former State Owned Enterprises (“SOEs”), together with strong inbound investment across a range of industries. This is particularly evident in those industries being deregulated where foreign participation was previously restricted to joint ventures and minority stakes.
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