Despite Inconsistent M&A Deal Activity, China Continues To Be Key Global Growth Engine In Q4 2020, Reveals GlobalData Date 27/01/2021 Mergers and acquisitions (M&A) deal activity in the Asia-Pacific (APAC) region remained inconsistent during the fourth quarter (Q4) of 2020. Akin to most of the APAC countries, China also experienced inconsistent activity but continues to be a key global growth engine as global investors see it as an attractive investment destination with the further opening up of policies, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Databases shows that a total of 1,835 M&A deals were announced in the APAC region during Q4 2020. The number of announced M&A deals in the region increased by 1.9% from 632 in October to 644 in November before shrinking by 13.2% to 559 in December.