China has banned the construction of new soyabean crushing plants, in a move designed to reduce overcapacity in the industry and check the growing market share of foreign companies in the food oil business. The announcement, by an official of the economic planning ministry in Beijing yesterday, follows the related decision late last year to restrict foreign ownership in new crushing plants to 49 per cent.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/news/china-moves-cut-overcapacity-food-oil-sector
[2] http://admin.indiaenvironmentportal.org.in/category/author/richard-mcgregor
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-times-london
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-crops
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/soyabean
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-prices
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/china
