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China's Construction Industry Comes under the Microscope by Ashley M. Howlett
Jones Day - Beijing Office
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September 4, 2009
Previously published on August 2009
The construction industry in China has grown side by side with the Chinese economy, and the recent RMB 4 trillion (US$593 billion) government stimulus package has helped to fuel this growth in construction and infrastructure development. However, problems in land acquisition, construction quality, and corruption have hampered China's construction industry and continue to derail the government's efforts to improve and upgrade the industry to meet international standards.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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