PricewaterhouseCoopers says M&A will rebound in China

Analysis by PwC suggests China domestic and outbound M&A activity is back on track, but inbound investment in China will only recover by 2011.

The first quarter of 2009 was a quiet period for mergers and acquisitions in China, which fell to their lowest point in two years. During the quarter 1,427 deals were announced, down from 1,812 in the same period in 2008. The worst, however, is over, according to transaction partner Matthew Phillips from PricewaterhouseCoopers PwC Shanghai office, who foresees a recovery in China-related MA transactions starting from the second half of 2009.

Deals in the first quarter of...

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