CICC's Angelov on China's M&A Outlook

The video discusses the trends in China's cross-border money flow, highlighting a significant increase in inbound transactions. It explores the factors driving this change, including China's opening up and a shift towards a more rational and diversified M&A environment. The discussion also covers the return to a new normality, with a focus on asset disposals and the drivers behind them, such as deleveraging and financial returns. Despite regulatory concerns, inbound M&A is rising, with multinationals showing strong interest in China.

What does the term 'return to new normality' refer to in the context of China's cross-border transactions?

What role does diversification play in the current M&A environment in China?