China Smog Measures Seen as Most Aggressive Yet by Deutsche Bank
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A Chinese government plan to fight air pollution announced last week marks the country’s “most aggressive” push to address smog to date, according to Deutsche Bank AG.
The 10 measures, which include stricter controls on coal-burning emissions and road traffic, will push up the cost of burning the fuel, push energy consumers to use cleaner energy sources and result in more public-transport use, Ma Jun, Deutsche Bank’s chief economist for Greater China in Hong Kong, wrote in a note today.