However, 2025 will “see significant merger and acquisition activities involving China,” Zhe Yu, a partner at Shanghai-based Zhong Lun Law Firm, which offers legal support for M&A ventures and IPO deals in China, told CNBC.
A hedge against Trump tariffs?
Apart from Beijing’s stimulus measures, the flurry of tariff threats before U.S. President Trump’s term and their eventual implementation are also a key driving force for Chinese companies to adapt by diversifying their supply chains and ensuring they have the means to do so, said Deloitte’s APAC M&A Services Leaders Stanley Lah, who is also the firm’s deputy leader of financial advisory in China.