M&A Review: What China’s new trade war tool means to investors

Beijing’s blocking of the Qualcomm/NXP merger sends a clear signal China is using its power to rule on mergers and acquisitions as a weapon against the US amid escalating trade tensions.

M&A Review: What China’s new trade war tool means to investors

It's no secret US President Donald Trump has tapped his ability to review cross-border mergers and acquisitions as a tool in curbing China’s expansion globally. As the trade war heats up, it's no surprise China is looking to do the same too.

Beijing's new tactic emerged clearly in late July when, after nearly two years of work on the deal, US chipmaking giant Qualcomm terminated its proposed $44 billion acquisition of Dutch chipmaker NXP...

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