Openness as Exposure: Rethinking Disclosure Strategy in Chinese Acquisition Talks
Western executives entering Chinese M&A negotiations often treat transparency as a virtue—a signal of good faith that accelerates trust. But in cross-border acquisition contexts, premature or indiscriminate disclosure can quietly dismantle your negotiating position before terms are ever formally proposed. Understanding where openness ends and exposure begins is among the most consequential skills an American dealmaker can develop.