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Volume of M&A deals in nation surges to record, but value falls

The volume of China's merger and acquisition deals surged to a record of 12,790 in 2021, up 21 percent on a yearly basis, but their value fell 19 percent from the previous year's record level to $637 billion, a report from global accounting firm PwC said. ....

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Disney targets Gen Z for China success

The Walt Disney Co is doubling down on China's burgeoning consumer market through upgraded e-commerce offerings and one-stop solutions for partners to co-create locally relevant products, especially for the Generation Z or younger consumers, said a senior company executive. ....

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Entertainment and media sector to see robust growth in China


Entertainment and media sector to see robust growth in China
By FAN FEIFEI |
China Daily |
Updated: 2021-08-03 08:50
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A visitor checks out a video game with virtual reality equipment during an expo in Guangzhou, Guangdong province. SHI LEI/FOR CHINA DAILY
PwC: Total revenue from industry to lead world, reach $358.6b this year
Total revenue of China s entertainment and media industry is estimated to be around $358.6 billion this year and should reach some $436.8 billion in 2025, with the compound annual growth rate reaching 5.1 percent, higher than the global rate of 4.6 percent, according to a new report from global accounting firm PwC. ....

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