Regulations are impacting deal flow between the US and China
as much, if not more, as imposed tariffs. The landscape is very
unusual. On the US side is the beefed up multi-agency-led
Committee on Foreign Investment in the United States (Cfius),
which is throttling Chinese investment into the US. Cfius will
be the focus of chapter three of this series.
On the other hand, however, the Chinese government is
implementing a number of regulatory reforms designed to attract
foreign investment, including from the US. A strange
Part one of this series, which looks at tariffs, can
be found here.
Trade friction obviously has an impact on cross-border
activities, but when it comes to China, it is important to not
focus too narrowly and just look at M&A and initial public
offerings. "If you look at it holistically there are risks and
opportunities," said Lu Cao, executive director of...