Global dealmaking is languishing at a 10-year low, western companies are insulating their China operations, and Chinese battery groups are avoiding or delaying direct investments in the US and Europe because of geopolitics.

Mentioned in this podcast:

Dealmaking languishes at decade low on private equity drought

Chinese battery groups invest in Morocco to serve western markets

Western companies take slow steps towards China ‘de-risking’

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

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