China M&A activity hit a new record in the first half of 2016 - growing to US$412.5 bn. This is up 13% by volume and 8% by value compared to the second half of 2015, itself a record at that time. PwC's M&A 2016 mid-year review & outlook finds that outbound M&A was the main driver of this growth. It increased more in six months than the previous two years combined, surging almost fourfold to US$134 billion. Read our latest report to get the full picture.