Deals
China’s Appetite for Deals May Be About to Swell
- Stability takes over after wait-and-see period, JPMorgan says
- Carl Chien expects deal activity in tourism, airline sectors
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China is poised for an acceleration of deals as confidence grows in the wake of last month’s Communist Party gathering and as the nation opens up to reforms.
Deal-making activity will pick up now that the country’s 19th Party Congress is over, ending a wait-and-see period leading up to the event, said Carl Chien, JPMorgan Chase & Co. Asia Pacific vice chairman. Look for increased activity in the tourism and airline sectors, he said.