Included in the given figures are announced takeovers of foreign companies by corporations based in mainland China. A certain number of announced takeovers will not go on to complete.
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Announced outbound M&A deal volume in China 2015-2025
In 2025, companies from mainland China announced takeovers of *** foreign companies. This was a slight increase from the previous year, but considerably less than in 2016.
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PwC. (February 26, 2026). Number of announced outbound M&A deals in China from 2015 to 2025 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1120339/china-announced-outbound-merger-and-acquisition-deals-volume/
PwC. "Number of announced outbound M&A deals in China from 2015 to 2025." Chart. February 26, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1120339/china-announced-outbound-merger-and-acquisition-deals-volume/
PwC. (2026). Number of announced outbound M&A deals in China from 2015 to 2025. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1120339/china-announced-outbound-merger-and-acquisition-deals-volume/
PwC. "Number of Announced Outbound M&a Deals in China from 2015 to 2025." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 26 Feb 2026, /statistics/1120339/china-announced-outbound-merger-and-acquisition-deals-volume/
PwC, Number of announced outbound M&A deals in China from 2015 to 2025 ÌÇÐÄÆƽâ°æ, /statistics/1120339/china-announced-outbound-merger-and-acquisition-deals-volume/ (last visited July 31, 2026)
Number of announced outbound M&A deals in China from 2015 to 2025 [Graph], PwC, February 26, 2026. [Online]. Available: /statistics/1120339/china-announced-outbound-merger-and-acquisition-deals-volume/
