MEP clears decks for APP arm float
By Fu Jing | China Daily | Updated: 2009-06-19 07:49
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The Ministry of Environment Protection will take tough measures to phase out small-scale and polluting papermaking companies. CFP |
SUZHOU, Jiangsu province: China's environmental watchdog has finally cleared the way for paper giant APP's subsidiary, Gold East Paper, to list on the stock market. The move comes just months after several environmental organizations criticized the company for lax pollution standards.
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