In a Bloomberg article written by William Pesek Jr., he states that China's fight against pollution will likely lead to inflation. He also notes that in the past several years many new factories may have invested in China specifically due to the lax pollution controls. Who knows what the costs of this lack of policy have been in China, but in Hong Kong it is estimated cost over $300 million in additional healthcare bills per year.
Read the full article, courtesy of Envirovaluation.org by clicking here.
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