US-China trade war to sink M&A activity for 2 straight years: report

Investor sentiment sours as recession risk brews

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Global M&As are set to decline amid trade war. © Reuters

MITSURU OBE, Nikkei staff writer

TOKYO -- Global deal values are expected to suffer two straight years of double-digit falls through next year, as the protracted U.S.-China trade war sparks recession fears, according to an annual deal report released on Monday.

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