While the process for conducting cross-border mergers and acquisitions (M&A) in China is similar to doing deals elsewhere, China’s very specific commercial, regulatory and cultural environment adds an extra layer of complexity at each stage. The China Issues: M&A White Paper Series looks at the five key questions potential buyers will need to ask themselves if they are to create value in China through M&A:

• At what point should we walk away from a deal?
• What is an acceptable price to both parties?
• How should the deal be structured?
• Does the deal present a compliance risk?
• How can the acquisition be integrated into the global organization?

M&A in China: Deal Breakers and Pricing Challenges The first installment of the China Issues series addresses the first two questions companies will need to consider when navigating China’s complex M&A environment.

M&A in China: Structuring and Compliance Considerations The second installment of the China Issues series addresses three key features that the best M&A structures in China share: "Contain, Comply and Compete."