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production and business activities in China, including commissioning an enterprise or an individual to regularly sign contracts, store and deliver goods, etc. on its behalf, such a business agent will be considered as the establishment or the place of the non-tax resident enterprise in China6.
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China). To this figure should be added several million subcontracted workers and suppliers of goods, transportation and other kind of support. Furthermore, millions are active in in-formal, artisanal and small-scale mining, most of them illegal, in China, India, Indonesia, Congo (DRC), Brazil, and Ecuador.
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Dolomite Quarry, Shanxi Province, China As at 30 September 2019, ADAM’s 85% stake represents 45.2% of its portfolio. The business consists of the largest magnesium dolomite quarry in Linfen City, Shanxi Province, China and ADAM believes that FMH is in a strong position to capture the growth of the substantial magnesium market in China.
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on local staff with business relationships may not be prudent. Unlike in the West, in China, a business leader is looked upon as a sole decision maker. It us due to these differences that foreign businesses in China become the victim of “business fraud”, as fraud is not easy to detect and is often very costly.