Jun 21, 2006

The Dirty Secret of China's Economy

The mainland's rapid growth has only worsened its environmental problems, and the government expects pollution to quadruple by 2020.

China's economy is only about one-fifth the size of the U.S, but is already the second biggest emitter of carbon dioxide in the world, second only to the U.S. China's emissions jumped 33% during a 10-year period ended in 2002, according to the latest World Bank figures. A miasma of dirty air from China is spreading across East Asia and even reaching the West Coast of the U.S.

There is no denying that Chinese President Hu Jintao's government takes the problem seriously. Not only is it bad for the mainland's international image, but it could be an explosive political issue later in the decade if left unresolved.

RENEGADE POLLUTERS Pan Yue, vice-minister of SEPA, predicted last summer at an environmental conference in Beijing that "the pollution load of China will quadruple by 2020" if nothing is done. Some 20% of the population lives in "severely polluted" areas, according to SEPA estimates, and 70% of the country's rivers and lakes are in grim shape, figures the World Bank.