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China hits pause button on US dealmaking

One of the hallmarks of Trump's presidential campaign was an insistence that China has taken advantage of the US on trade deals

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Donald Trump

Alex Sherman 

Chinese buyers keen to continue 2016’s rapid dealmaking under a Donald Trump presidency are being given one piece of advice: Wait and see. Bankers and lawyers are already counseling some Chinese clients to hit the pause button until Trump clarifies his stance on cross-border deals for the US targets, according to three advisers to Chinese clients, who asked not to be identified because the discussions are private. Acquisitive Chinese companies have led a blockbuster year of dealmaking in 2016, accounting for about $225 billion of overseas purchases this year, according to ...

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First Published: Tue, November 15 2016. 01:08 IST