New regulations going into effect in China are changing the way that international designers and contractors do business there. China's entry into the World Trade Organization requires opening its construction market to foreign participation. For the first time, the regulations allow wholly owned foreign enterprises in the country's construction industry. But the new rules are also likely to end the ability to work in the country on a project by project basis. "Permission to set up wholly owned foreign firms will provide a good opportunity for long-term development," said Diao Chunhe, vice chairman of the China International Contractor's Association. Diao spoke at the Global Construction Conference in Washington, D.C., Dec. 9, sponsored by the Associated General Contractors and McGraw-Hill Construction, ENR's parent.
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