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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

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