The global economy including China is expected to undergo a transition in 2020. China's GDP growth is estimated to be slower compared to the previous growth cycle, but remains favorable in comparison to the rest of the world. Private equities continue to seek to deploy capital despite high valuations. The market is shifting from a growth dependent approach to a hybrid of growth and value creation in order to drive returns. This means companies will be looking for transformation to improve efficiency and enhance value.

Alvarez and Marsal is a leading global management consulting firm with a strong business turnaround heritage and hands-on approach to creating value. We are supporting an increasing number of companies with their transformation and value creation efforts and we anticipate further growth going into 2020.