Inbound mergers, acquisitions poised for growth

Inbound mergers and acquisitions in China could potentially reach $1.5 trillion over a 10-year period from 2020 to 2029, a recent report said.

The estimated figure would more than triple the total amount between 2009 and 2018, according to the report released by global law firm Linklaters.

Charles Jacobs, Linklaters' global senior partner and chairman, said "internet-based" industries in China would hold the most opportunities for foreign investors, citing automotive, financial services, healthcare and education sectors as examples.