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A legal legacy

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October 2007

China is putting the policy and personnel in place to meet the needs of a market economy

For those who love their beef noodles, July was not a happy month. China’s fast food connoisseurs were up in arms at the news that instant noodle prices were going to rise by an average of 20%. Their budget snack was becoming less budget and they didn’t think this was fair. They were correct.

An investigation conducted in August by the National Development and Reform Commission (NDRC) found that members of the International Ramen Manufacturers Association were illegally ...

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