China M&A: Covid-defying volume growth seen continuing in 2021
China’s M&A activity increased by 20% in 2020 to the highest level since 2016. What’s behind the spectacular rise and deals bonanza?
The Chinese government’s Covid-support measures and an accelerated state-owned enterprise (SOE) reform process are behind a massive 30% increase in the country’s mergers-and-acquisitions (M&A) activity in 2020.
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