media - Freer print licences plan a scam

Maybe you recall my entry on a possible liberalization of the current print licence regime in China. It proves to be not true, even a scam. The story was told by friends who are running a medical publication with huge prospects. They were told by official at the Ministry of Health about the new licensing possibilities, on their way to a deal, when they discovered it was not true. The officials seems to be eager to make some money, but has no authorization to do this kind of deal. Anyway, rescue troops are on their way to save the company. Typical Chinese style scam. It was too nice to be true.

Books on business in China