NDRC to ease approval for Chinese overseas mining investment

Jan 24, 2014 | 11:29 AM | Nina Nasman

Tags  NDRC, National Development and Reform Commission, China Chengtong Holdings Group, Gloria Rong, mining investments, Hanlong Mining, Sundance Resources, Nina Nasman

LONDON — China’s National Development and Reform Commission (NDRC), the country’s economic regulator, is simplifying its approval process for Chinese companies seeking to invest abroad.

A draft implementation plan for the NDRC’s new process is expected to be published in early February, Gloria Rong, mergers and acquisitions manager at China Chengtong Holdings Group Ltd. (CCHG), told AMM sister publication Steel First on the sidelines of the Central and East Africa Mining Investment Summit in London. CCHG is an asset management platform for the state-owned....

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