As China’s markets and investors mature, the sophistication, complexity and sheer ingenuity of transactions are reflected in the work of the legal community that supports them. Richard Li reports on some stars that outshone the others in 2013
If China’s economy is slowing, someone forgot to inform the markets in 2013. The demand for China-related transactions was strong and resilient.
Chinese companies, both state-owned enterprises (SOEs) and private companies, were also hungry for overseas assets, but they seemed to be growing more skilful, and their appetites were ever more diversified.
CNOOC’s takeover of Nexen shows Chinese companies’ ability to conquer challenging regulatory issues in large transactions. Wanxiang even managed to acquire A123 System’s assets in the face of political opposition in the US.