🤝 The dying art of dealmaking

China’s growth is lagging behind its neighbors | Dealmaking has plunged since July | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for September 28th in 3:09 minutes. 🌍 A future free of climate-change-related catastrophes sounds good and all, but what’s in it for you? Well, join Lazard’s Jennifer Anderson for [How To Profit From A Net Zero Future]( on Thursday, and find out how you can profit as Mother Nature does. [Grab your free ticket]( Today's big stories - China’s growth is set to fell behind the rest of Asia for the first time in three decades - Where to find opportunities in the UK market crisis – [Read Now]( - Global dealmaking has fallen off a cliff China’s Looking Frail Next To Hale and Hearty Neighbors [China’s Looking Frail Next To Hale and Hearty Neighbors] What’s Going On Here? Projections out on Tuesday [suggested]( that China’s growth will fall behind the rest of Asia for the first time in over three decades. What Does This Mean? In the immediate wake of Covid, China seemed to be at the forefront of the world’s recovery from the pandemic. But a lot has changed since then: the country’s strict zero-Covid approach – which depends on snap lockdowns and mass testing – has restricted movement and left consumer activity pretty depressed. And when you consider too that China’s all-important property sector – which makes up about 30% of the economy – is taking a worse bruising than Olivia Wilde’s "Don't Worry Darling", it’s no wonder the World Bank now predicts the Chinese economy will grow just 2.8% this year. For the rest of Asia, though, things look comparatively rosy: high commodity prices (good news for exporters) and a strong rebound in domestic demand mean it's expected to grow by a healthy 5.3% this year. Why Should I Care? Zooming in: The world’s watching its wallet. China’s woes don’t end there. You see, with recession fears (and in some cases, actual, full-blown recessions) setting in, China’s exports are taking a hit. That’s worrying for a country that typically relies on exports to fuel growth, but the numbers don’t lie: Shanghai’s port [processed]( 8% less cargo this August compared to last August – a dropoff that’s contributed to plunging shipping costs from China, which are now at their lowest in over two years ([tweet this](). The bigger picture: A silver lining for everyone else. It’s a dog-eat-dog world out there, and China’s difficulties present the country’s trading partners with plenty of opportunities – specifically the countries China exports to. See, falling demand should ease some of the congestion that’s been plaguing global supply chains, while lower shipping costs could help to cool inflation globally too. You might also like: [China’s economic support plan had one job, and it’s probably failed.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=China’s Looking Frail Next To Hale and Hearty Neighbors&utm_campaign=daily-global-28-09-2022&utm_source=email) Analyst Take The Winners And Losers From The UK Market Turmoil [The Winners And Losers From The UK Market Turmoil]( By Russell Burns, Analyst It’s been a rough year for UK investors. And this week: it’s been [one for the books](. The British pound [plunged to all-time lows]( and the country’s borrowing costs surged as investors reacted to the government’s new tax cuts and the challenge facing the country’s central bank. And that was just… [Monday](. All this [turbulence]( is likely to be with us for a while, so let’s take a look at the market [winners and losers]( it’ll likely create along the way. That’s today’s Insight: [who wins and who loses in the UK’s market turmoil](. [Read or listen to the Insight here]( SPONSORED BY BABBEL New languages, real conversations Babbel doesn’t just teach you a new language, it teaches you how to speak it. Now that might sound obvious, but you’d actually be hard-pressed to find that anywhere else: you’ll learn how to [have a real conversation]( with Babbel – not just the standard tourist phrases. And because Babbel takes a holistic approach to learning, you’ll discover the [cultural context]( of everything you pick up, and you can [hone your pronunciation]( to within an inch of perfection. How you do that is up to you: [join live classes and practice]( in small groups with real, like-minded folk, or use [high-tech speech recognition tools]( instead. Or hey, do both. There’s no better time to get started: if you [buy six months of Babbel today, you’ll get your next six free](. [Find Out More]( No Deal Or No Deal In The Itty-Bitty M&A Market [No Deal Or No Deal In The Itty-Bitty M&A Market] What’s Going On Here? Data out this week showed that global dealmaking has fallen off a cliff. What Does This Mean? The mergers and acquisitions (M&A) market began the summer on a record high, with eight back-to-back, breezy quarters of over $1 trillion in deals. But things have taken a turn since – and with only $640 billion in deals agreed since July began, we’re on track for M&A’s worst quarter since the pandemic brought dealmaking to a halt in 2020. “Disappointed but not surprised” – your parents’ catchphrase when you were a teen – probably captures the world’s reaction to the news pretty accurately. After all, fears of a recession mean companies are feeling weak-kneed about making big purchases, and dented share prices mean they’d have to sacrifice more of their stock than usual as payment. On top of that, loans are increasingly hard to come by – and expensive even when they can be found. Why Should I Care? Zooming in: Expect deals to fail. Even private equity firms – which buy up companies in the hope of improving and reselling them later on – have gone off the boil. Spurned by picky banks who are reluctant to fund their ventures, they’ve been turning to private lenders to plug the gap. Now, though, it’s clear that private lenders only have so much cash to give, and the spectacle of huge deals being delayed – or simply falling through – is becoming commonplace. For markets: Asia’s holding firm. The initial public offering market is in a similar sorry state at the minute but one way or another, Asia seems to be [bucking]( the trend. This year, money raised through stock listings in Asia makes up a record 68% of the global total, versus a meager 14% in the US – traditionally the world’s busiest listings market. That said, some of Asia’s most impressive sums were raised by Chinese companies that got booted out of the US, like China Mobile and CNOOC. You might also like: [Global dealmaking could fall off a cliff this year. Here’s how to position your investments so they don’t follow.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?A Market&body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=No Deal Or No Deal In The Itty-Bitty M&utm_campaign=daily-global-28-09-2022&utm_source=email) 💬 Quote of the day “Life’s tragedy is that we get old too soon and wise too late.” – Benjamin Franklin (US founding father) [Tweet this]( 🌍 Finimize Live 🎉 Coming Up Soon… All events in UK time. 📈 [Your Guide To Investing During Stagflation](: 5pm, September 28th 🇺🇸 [What’s Next For The US Economy?](: 1pm, September 29th 🌍 [How To Profit From A Net Zero Future:]( 5pm, September 29th 🏡 [The Pathway To Property Investing In 2022](: 12pm, October 11th 💻 [How To Invest In Tech Stocks During A Recession](: 5pm, October 18th 🙋‍♀️ [Ladies Investing Club Meetup](: 6.30pm, October 12th (in-person) 🎧 [How To Invest In Music NFTs](: 6pm, October 24th 🏆 [How To Spot Investment Opportunities In Gold](: 12pm, October 27th 🚀 [Modern Investor Summit](: 12pm, December 6th-7th 🎯 On Our Radar - Look outwards. Observing the world, not yourself, [makes for a happier life](. - Some music lovers are ditching Spotify. Here’s [their reasoning](. - Not just for Hogwarts. This company says it’s [almost designed an invisibility cloak](. - The WFH “coffee run”. Check out the top gadgets for [the perfect cup of joe](. - October’s looking musical. Here are the [top releases for the coming month](. Sponsored • [Privacy Policy]( | [Advertiser Disclosure]( ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: patrimonio designs ltd, TPYXA_ILLUSTRATION, Ink Drop - Shutterstock | CNBC Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | Bow Bells House, Bread Street, London, EC4M 9HH All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](