China M&A Dealmakers Should Start Early, Examine Deeply, Deloitte Partner Urges

The allure of the China market often “blinds” dealmakers to signs of possible fraud and corruption in companies they hope to acquire, a Deloitte partner warned in a Jan. 12 webcast on risks facing acquirers in China’s merger and acquisitions market.

“We’ve seen a lot of companies over the years coming into China with a ‘ready-fire-aim’ mentality where they’re under a lot of pressure to do deals—and really paying the price later,” Nick Robinson, head of Deloitte’s China forensics and dispute services practice in Hong Kong, said during the webcast. “On a number of cases I’ve looked at there have ...