Mainland mergers and acquisitions for the first half of 2006. Deals have risen over 71 percent , reaching a record $41 billion in deals, according to Dealogic, the UK based technologically advanced financial platform latest stats. Foreign capital accounted for $12.8 billion of the total. The most significant cross-border deal was the $3.8 billion consortium led by Goldman Sachs. which paid for a stake in the Industrial and Commercial Bank of China cited the impressive blog, ChinaChallenges.

The latest figures reveal that China led capital raising efforts in Asia, excluding Japan, which saw M&A funds reach a record $183 billion in this period, 60 percent more than the first half of last year.