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• May 7, 2007 by China Briefing Reading Time: 3 minutes
  

  Lack of due diligence in poisoned medicine

  The need for comprehensive due diligence was made painfully clear this weekend when The New York Times ran a report tracing the path of a toxic syrup from Panama where it lead to a reported 365 deaths, 100 which are confirmed, back to its production facility in the Yangtze River Delta. Walt Bogdanich and Jake[…..]
• May 1, 2007 by China Briefing Reading Time: 2 minutes
  

  Guidelines on FDI released for 2007

  The Ministry of Commerce (MOFCOM) has issued guidelines on foreign investment for 2007 which state that China will encourage foreigners to invest more in the service sector and high-tech companies this year while restricting overseas investment in real estate projects. According to the guidelines, foreign investment will be channelled into the high-tech, modern service and[…..]
• April 18, 2007 by China Briefing Reading Time: < 1 minute
  

  Unused land tapped for future development

  China’s vast “unused” coastal land could be used for development said Sun Wensheng, head of the Ministry of Land and Resources, on a recent survey tour to Shandong and Hebei Provinces. The unused land, areas that are not good for agricultural nor construction purposes, including saline-alkalized land, beaches, sand lands, quagmire and bare rocks, will[…..]
• April 18, 2007 by China Briefing Reading Time: < 1 minute
  

  Steel exports to rise through 2007

  China will continue to see a steady rise in steel production exports in spite of the governments best efforts to curb exports by canceling export tax rebates on the majority of steel products an industry official at the 2007 China Steel Import & Export Seminar said yesterday in Shanghai. “The tax rebate cut, which has[…..]
• April 17, 2007 by China Briefing Reading Time: < 1 minute
  

  Proven iron ore reserves 69 billion

  China, the world’s biggest consumer of metals, has proven iron ore reserves of 59 billion metric tons, the Ministry of Land and Resources said in a statement. The iron content of most of the reserves is 30 to 35 percent, and the ore type is mostly magnetite, the ministry said in the statement posted on[…..]
• April 11, 2007 by China Briefing Reading Time: < 1 minute
  

  Guangzhou to inspect over heated real estate market

  The real estate market in Guangzhou is to face closer scrutiny following the launch Monday of a new campaign by municipal authorities. China Daily reported that eleven government departments will aim to expose firms’ tricks and misbehavior relating to property developments, marketing and sales activities. The departments involved include those responsible for the city’s development[…..]
• April 4, 2007 by China Briefing Reading Time: < 1 minute
  

  Seven factors to stall FDI in 2007

  Seven factors will stall China’s use of FDI in 2007 according to an article recently published by the Research Institute of the Ministry of Commerce. In the article, Shan Danyang, vice dean of the institute stated that China’s use of FDI in 2007 will decline, following the trend from last year (FDI use in 2006[…..]
• March 23, 2007 by China Briefing Reading Time: < 1 minute
  

  FDI encouraged in health sector

  China’s Minister of Health, Gao Qiang, is encouraging foreign direct investment (FDI) in the health sector according to Xinhua. Foreign investors are being encouraged to open joint venture hospitals in which they can own as much as 70% of the private medical facility. “Foreign invested hospitals will be strictly supervised by the Chinese government but[…..]