Davis Polk partner and co-head of Asia (excluding Japan) Li He discussed capital markets activity in China with Reuters. He explained that in terms of the volume of capital markets deals, “We have had a lot more requests for proposals from companies in the past two to three weeks. That is not just because of travel but people think that a reopening is good for the economy, good for capital markets and good for deal execution.”

China’s open borders and push to stoke economy may revive dealmaking, advisers say,” Reuters (January 26, 2023) (subscription required)