China M&As Dominant, But Difficult

A report released by international law firm Norton Rose has shown that China is expected to be Asia's largest destination for inbound merger and acquisition (M&A) activity in 2007. However, China will remain one of the most challenging jurisdictions in which to conduct M&A transactions.

The report, Cross-border M&A, The Asian Perspective, predicts continued growth in M&A activity in the region. In 2006, there were more than 2,073 cross-border deals, valued at US$52.4 billion, in Asia. Financial services and telecommunications remain the most active sectors.