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5 White Paper on the Business Environment in China

23??hinacracksdownonbuildingprojectsinanti-graftmove.??euters. 33 ??hina Tightens Restrictions on Real Estate Purchases by
July 23, 2013. http://www.reuters.com/article/2013/07/23/us- Foreigners.?? China Brie ng. November 19, 2010. http://
china-graft-idUSBRE96M0CE20130723. Accessed February 1, www.china-briefing.com/news/2010/11/19/china-tightens-
2014. restrictions-on-real-estate-purchases-by-foreigners.html.
Accessed November 19, 2011.
24??hinacomplainsgovernmentbuildingbanbeing outed.??euters.
December 5, 2013. http://www.reuters.com/article/2013/12/06/ 34 ??inistry of Commerce Calls for Stricter Reviews on Approval of
us-china-graft-building-idUSBRE9B504D20131206. Accessed Foreign Invested Real Estate Projects.?? China Brie ng. December
February 1, 2014. 27, 2010. http://www.china-brie ng.com/news/2010/12/27/
ministry-of-commerce-calls-for-stricter-reviews-on-approval-of-
25 Xiaoyi Shao and Koh Gui Qing. ?? e uncomfortable truth in foreign-invested-real-estate-projects.html. Accessed November
China?? property market.?? Reuters. November 6, 2013. http:// 19, 2011.
www.reuters.com/article/2013/11/06/us-china-property-
idUSBRE9A509X20131106. Accessed February 1, 2014. 35 ??hina Revises Foreign Investment Catalog.?? China Brie ng. April
27, 2011. http://www.china-brie ng.com/news/2011/04/27/
26 ??3 pct of foreign investment in China went into real estate in china-revises-foreign-investment-catalog.html.Accessed
2010.?? Xinhua. June 16, 2011. http://news.xinhuanet.com/ November 19, 2011.
english2010/china/2011-06/16/c_13934260.htm.Accessed
November 18, 2011. 36 ??hinese gov?? studying property tax expansion.?? Xinhua.
November 13, 2012. http://www.chinadaily.com.cn/
27 Wang Ying. ??ommercial property on the up.?? China Daily. May business/2012-11/13/content_15921819.htm.Accessed
30, 2011. http://www.chinadaily.com.cn/cndy/2011-05/30/ December 3, 2012.
content_12600429.htm. Accessed November 18, 2011.
37 ??ngineering and construction hotbed of corruption.?? South
28 ??oreign Participation Surges in China?? Property Development.?? China Morning Post. September 28, 2013. http://www.scmp.
China Brie ng. March 29, 2011. http://www.china-brie ng. com/business/china-business/article/1319008/corruption-rife-
com/news/2011/03/29/foreign-participation-surges-in- procurement-chinese-state-companies
china%E2%80%99s-property-development.html.Accessed
November 18, 2011. 38 ??hina March New Home Price Increases Ease on Tighter
Credit.?? Bloomberg. April 18, 2014. http://www.bloomberg.com/
29 ??hina?? Construction Industry Comes Under the Microscope.?? news/2014-04-18/china-s-march-new-home-price-increases-
Jones Day. August, 2009. http://www.jonesday.com/ ease-on-tighter-credit.html
newsknowledge/publicationdetail.aspx?publication=6565.
Accessed February 13, 2010. 39 ??hina to postpone widening of property tax pilot
program:report.?? Reuters. February 1, 2013. http://www.
30 Farah Master and Anita Li. ??ight detained after Shanghai reuters.com/article/2013/02/01/us-china-property-tax-
apartment re kills 53.?? Reuters. November 16, 2010. http:// idUSBRE91004020130201
www.reuters.com/article/2010/11/16/us-china-fire-shanghai-
idUSTRE6AE43620101116. Accessed February 4, 2011. 40 ??ore Chinese cities ready for property tax pilots.?? China
Daily. February 27, 2013. http://www.chinadaily.com.cn/
31 ??hina regulates contracting to improve construction quality.?? business/2013-02/27/content_16260972.htm
Xinhua. November 23, 2012. http://www.chinadaily.com.
cn/business/2012-11/23/content_15952681.htm.Accessed 41 ??hina Not Planning to Expand Pilot Property-Tax Program.??
December 3, 2012. e Wall Street Journal. March 19, 2014. http://online.wsj.com/

32 ??hina steps up pressure on property rms to develop land.?? gov. articles/SB10001424052702303802104579448513811488016
cn. September 27, 2010. http://www.gov.cn/english/2010-09/27/
content_1711229.htm. Accessed February 4, 2011.

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