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China Fears Environmental Controls May Lead to Job Losses

This week two developments in China highlighted the difficult balance the country faces as it tries to keep its economy growing while at the same time reducing the air pollution that choked the capital for the past several days. At a time when Beijing issued “red alerts” for extremely toxic smog, leaders announced that urban development would be the core of the next stage of economic reforms.  The move to create and expand cities signals China’s determination to continue with its...

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