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China M&A: ‘Relative normalcy’ from Biden, pent-up demand from coronavirus could reignite Chinese interest in US deals, advisers say
Mergers and acquisitions by Chinese companies seeking deals in the United States, particularly in less politically sensitive sectors, could pick up in 2021 as US President-elect Joe Biden is expected to adopt a more conciliatory tone with Beijing than his predecessor, according to deal advisers.
US-China relations, which have deteriorated to their worst point in decades during Donald Trump’s tenure, pushed China’s 2020 outbound acquisitions to their lowest level since 2007, falling behind…