Pollution Control in the People's Republic of China: An Investor's Guide
Silk, Mitchell A., The China Business Review
BY SHELLY CLARKE, FELICITY THoMAs, HUSAYN A. ANWAR, AND CAROLINE COOK. LoNDON: ENVIRONMENTAL RESOURCES MANAGEMENT, 1997.139 PP. $210 SOFTCOVER.
Over the last few years, China has experienced an unprecedented surge in foreign investment in high-polluting industries, from power generation and petrochemical refinement, to metallurgy and machinery manufacturing. A number of landmark projects have achieved financial closure just over the past year, while an additional $100 billion in foreign debt and equity is slated for key infrastructure areas during the Ninth FiveYear Plan (1996-2000). At the same time, however, there is a relative dearth of systematically compiled information to guide foreign investors in the highly legislated area of environmental protection. In the past three years alone, there have been more than 350 environmental laws, regulations, and directives enacted in China. As a result, Pollution Control in the People's Republic of China: An Investor's Guide comes as a welcome addition to the literature.
This book delivers just what the title promises: a concise, if general, guide that leads the investor through the PRC environmental planning and control maze. The book consists of seven chapters, covering the Environmental Impact Assessment (EIA) process, enforcement means, media-specific regulations, and general liability issues. The volume's technical appendices, meanwhile, include various PRC forms and standards.
The strength of the volume lies in the clear and concise manner in which it explains key regulatory processes and provides background on various technical areas. Chapters 4 and 5 present readable overviews of the EIA process and the Three Simultaneous Points Policy, China's key environmental planning and monitoring …
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Publication information: Article title: Pollution Control in the People's Republic of China: An Investor's Guide. Contributors: Silk, Mitchell A. - Author. Magazine title: The China Business Review. Volume: 25. Issue: 2 Publication date: March/April 1998. Page number: 54. © U.S.-China Business Council Mar/Apr 2009. Provided by ProQuest LLC. All Rights Reserved.
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