NUMBER OF THE DAY
That’s how large Q3 deal volume involving Chinese companies was – up 22% year-on-year and the strongest third quarter in four years.
🇨🇳 China leads: Global corporations are reshaping portfolios, valuations are converging toward reality, and a softer rate outlook is providing support. Buyers and sellers are finding more common ground.
🌏 APAC lags: Total M&A rose just 1% to USD 319 billion in Q3 – versus +24% in Europe and +55% in the US. India bucked the trend with a +19% rebound.
High hopes for Q4: Companies are restructuring assets and private equity holds record dry powder. At the same time, an AI-driven M&A wave is building. In China, this could open opportunities for carve-outs and portfolio sales if financing conditions ease and regulatory signals remain stable. Cross-border hurdles remain: geopolitics, export controls, and strict review bodies.
The China Survival Guide for Western Businesses
Entity setup, WeChat strategy, hiring your first local team. 12+ years on the ground in Shanghai.
