The creation of a new Ministry of Information Industry earlier this year has important implications for foreign IT companies, although several issues have still to be resolved.
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High expectations
The healthcare sector has attracted a wide range of foreign investors to China ?including drug and medical equipment manufacturers, insurance firms and care providers. The conditions under which they are allowed to operate, the overall state of China’s healthcare system and likely future reforms are some of the subjects covered in a report published by the Economist Intelligence Unit.
Real estate opportunities
Office rates are falling due to high vacancy levels in the capital years of a booming property market may have come to an end in Beijing. More than 12 months after the beginning of the Asian crisis, the Chinese capital’s property market is adapting itself to new conditions of oversupply and falling prices.
A new Cultural Revolution
Work is progressing on a range of public projects in the capital but not all of them are welcomed by visitors and local citizens.
Plugged in for power
Chinese peasants may be eager to buy electrical appliances for their homes, but the absence of a cheap and reliable electricity supply is hindering the development of the rural market.