China M&A deals down 45% in first half as economic slump continues

Tighter regulations at home and abroad make acquisitions harder to complete

20240729N China Evergrande

With China's domestic demand stagnant due to a prolonged real estate slump, foreign companies see diminished benefits to expanding into the country. © Reuters

KENSHO MOTOWAKI, Nikkei staff writer

TOKYO -- Mergers and acquisitions involving Chinese companies fell 45% by value year-on-year in the first half of 2024, as the country's struggling economy and tighter espionage laws hamper cross-border deals.

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