Shandong Iron & Steel Group’s plant in Jinan, Shandong province. Deal making in the metal and steel industry has surged 111 per cent so far this year. Photo: Reuters

Technology, property sectors weigh on M&A in China for a second year in a row, Dealogic says

  • Value of mergers and acquisitions falls 24 per cent so far this year to US$344.3 billion, according to data provider Dealogic
  • Deal making slumps by more than 50 per cent in China’s tech sector
Topic |   China economy

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Shandong Iron & Steel Group’s plant in Jinan, Shandong province. Deal making in the metal and steel industry has surged 111 per cent so far this year. Photo: Reuters
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Zhang Shidong

Zhang Shidong

Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.