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Annual Review (Asia): New regulatory landscape in China, GMO stalemate in India

China issued a set of new policies to govern its pesticide industry, the draft version of which was released the previous year. The underlying idea behind them is to encourage consolidation and order in a hugely fragmented industry. The policies aim to reduce the number of pesticide companies by 30% by 2015, with the top 20 Chinese pesticide manufacturers accounting for at least 50% of annual pesticide sales, reaching 70% by 2020. Consolidation within the industry was visible last year, with regular reports of M&A activity by some of the bigger domestic companies.

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