Issuer:Simmons Simmons
9 Pages
Language:English
Inbound cross border M&A activity in China remains active. In the first five months of 2008, there were 256 announced deals with a total deal value of USD26,949m. Despite the strengthening RMB and rising land and labour costs, China continues to be Asia's major destination for inbound M&A activities, owing largely to its rapidly expanding domestic market and relatively low production costs.