Monday, March 2, 2009

China's costly environmental crises

China's environment is in bad shape according to Kenneth Lieberthal, visiting fellow at The Brookings Institution.  This sends out a strong warning to other developing nations to better manage the environmental impacts of economic development.

  • China’s environmental crisis is wide-ranging, complex, and consequential
  • It threatens the pace of economic growth
  • Addressing it effectively will be expensive, and will require changes in the political economy
  • Challenges will evolve over time
  • The environment may well be the most consequential factor in shaping the country’s future
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