UBS' Lo Says China M&A Market Very Busy, Robust

The transcript discusses Costco's rise as a leader in the shipping industry, highlighting its strategic moves and the impact of China's restructuring efforts. It explores the challenges of obtaining regulatory approvals for international deals, particularly for Chinese companies, and the effects of capital controls. Despite a perceived drop in outbound volume, China's M&A market remains robust, with significant billion-dollar deals. The discussion also touches on the potential for new guidelines from the National Congress that could influence future capital controls.

Discuss the significance of the Ocean Alliances for the two shipping companies mentioned.

What trends are observed in the China outbound M&A market based on the data presented?