Chinese investors are regaining confidence to make mergers and acquisitions as Beijing's stimulus measures take hold, according to a report by PwC.
Domestic deal activity is expected to return to pre- financial crisis levels by next year, the report says.
Matthew Phillips, transactions partner at PwC, said Chinese companies were “seeking to capture opportunities before prices resume their upward trend and put deals out of reach [as it is] clear now that the recovery is pretty deep-rooted”.
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