Dealmakers are keeping a watchful eye on China’s response to the coronavirus outbreak, says Signet’s Anthony Manna.
“When SARS came around, China had about 4 percent of the global supply chain,” says the founder of the global private investment firm. “Now they have 16 percent, and you see this massive stimulus package being put in place to combat the coronavirus problem.”
As the Chinese government continues to grapple with the impact of the virus, the impact on the U.S. economy has been negligible.
“Deals are happening left and right,” Tony says. “We’re doing them, and I know plenty of other people are, too. In the short run, the coronavirus is definitely affecting dealmaking and how global trade is done. But so far in the U.S., I haven’t seen it.”
Smart Business Dealmakers caught up with Tony to talk about current trends that could impact dealmaking activity.
