Kai Wang Provides Insight into Chinese M&A During Current Administration

On December 7, 2017, Honolulu Partner Kai Wang authored an article in the Los Angeles Daily Journal on current U.S. policies and their effect on mergers and acquisitions involving Chinese investors. Wang, who leads Carlsmith's Greater China Practice Group, identified the "economic rivalry between the two largest economies in the world," marked by factors such as trade imbalance, tariffs, jobs, protection of intellectual property and sovereign debt, as a prime reason behind the Trump administration's protectionist stance against China. The Committee on Foreign Investment in the United States has slowed the pace of deal-making between U.S. businesses and foreign investors, Wang noted, and potential M&A deals will face tough scrutiny in the coming years. While challenges remain, she stated, "the bottom line is that the U.S. will continue to welcome capital from around the world…and demand remains very strong among Chinese investors wanting to enter the U.S. market."