Environment: China turns others green
"It's like breathing soup, breathing the air in China," says Ferdinando Beccalli-Falco, chief executive officer of General Electric International. "It's a serious problem."
Exactly how serious was underlined in late August, when a senior Chinese government official admitted that Hong Kong's chronic air pollution was having a negative effect on its economy, affecting companies' decisions to invest in the region.
The revelation was followed by a Chinese government report that found pollution of all kinds