China to account for 8-9 percent of global M&A deals: JPMorgan
By Terril Yue Jones | China Daily | Updated: 2011-02-24 07:51
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Gas drilling operations in Chesapeake Energy's Ford shale project in Texas. In an M&A deal last year, CNOOC agreed to buy a 33.3 percent stake in the project. Eddie Seal / Bloomberg |
BEIJING - China should account for 8 to 9 percent of global mergers and acquisition (M&A)activity this year, continuing close to its strong levels in 2009 and 2010, according to the head of JPMorgan's China M&A unit, Brian Gu on Tuesday.
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