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  "documentTitle": "China M&amp;A 2024 Review and Outlook",
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  "notes": "The chart tracks deal volume trends over a decade, highlighting a significant decline in 2024.",
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      "text": "There were only 39 mega-deals (> US$1bn) in 2024, another multi-year low, of which 18 were related to SOEs; important sectors were industrials (9 mega-deals), high technology (8 mega-deals) and energy & power (6 mega-deals)",
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      "text": "* Defined as > US$1bn\nSource: Refinitiv Eikon, CV Source and PwC analysis",
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