China has entered a critical stage of economic restructuring after 30 years of steady growth. Many industries have suffered from overcapacity, slowing growth, falling profits and soaring costs, and are facing challenges of optimising and upgrading their industrial structure.
Navigating the dangers of mergers – Guangdong Focus
The merger process in China can be long and painful. This is primarily due to the lack of detailed implementing rules and un-reconciled discrepancies among governmental authorities
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