M&A and restructuring in China’s capital markets: characteristics and policies

ZHANG Wenkui ( 张文魁 )
Development Research Center of the State Council

In recent years, M&A and restructuring have gained traction in China’s capital markets. In the
midst of intensifying capitalization, M&A and restructuring have been closely intertwined with
capital markets. This paper attempts to identify and analyze M&A patterns, issues and policy implications
based on a thorough examination of M&A and restructuring practices in China’s capital markets.

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