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  "documentTitle": "China M&amp;A 2024 Review and Outlook",
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  "notes": "The chart highlights the composition of deal volumes across five categories: Domestic Strategic Buyers, Foreign Strategic Buyers, Private Equity Deals, HK/TW Outbound, China Mainland Outbound, and VC Deals.",
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      "kind": "disclaimer",
      "text": "36 financial buyer-led Chinese Mainland outbound deals are also recorded in private equity deals, 64 are included in VC deals. Source: Refinitiv Eikon, CV Source and PwC analysis",
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      "text": "In volume terms, domestic strategic deals fell by 4%, PE by 11% and Chinese Mainland outbound by 27%; VC was the bright spot, increasing by 63% to multi-year highs",
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