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China Reaffirms Record Pollution Penalty

China's top court last week upheld an earlier ruling to impose a record-high penalty of 160 million yuan (US$26 million) on six companies from the city of Taizhou in eastern Jiangsu province for discharging waste acids into two rivers. Although the court’s decision set an unprecedented example for businesses in China to better manage industrial waste, it only marks the beginning of the country’s uphill battle against its massive water pollution...

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