China is becoming the center for M&A business

China still remains a magnet for investment and is never off the radar screens of chief financial officers.

Despite the relative slowdown in growth, the country still posted second quarter GDP growth of 7 percent and is seen as the land of opportunities for CFOs.

"Quite simply, China is the largest market. From a business view point, you cannot ignore China," Steven Victorin, head of Asia Pacific corporate banking and global corporate banking subsidiaries at Bank of America Merrill Lynch, said in an interview with China Daily.