Hidden cost of trade
China Daily | Updated: 2008-08-30 07:54
The Ministry of Environmental Protection reportedly started in July to assess the impact of the trade-related environment deficit.
The effort by the environmental watchdog is more than welcome.
With the rise of China as a global manufacturing power, the country has accumulated an enormous trade surplus in recent years. Meanwhile, the environment deficit it has registered through import and export is also huge, albeit elusive.
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