Politics, not rules, will direct China's dealmaking

Don't read too much into China's formal regulations on M&A. An imminent leadership shuffle is more likely to weigh on dealmaking, at least for now.

After nine months of baring its teeth at “irrational” foreign investments, the Chinese government has formalised guidelines to list types of overseas dealmaking it will encourage, limit and prohibit.

¬ Haymarket Media Limited. All rights reserved.

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