
Pollution and other ecological impacts of industry are sapping a tenth of the value of the entire Chinese economy:
"Environmental damage is costing the government roughly 10 percent of the country's gross domestic product, estimated Zhu Guangyao, deputy chief of the State Environmental Protection Agency. ...The conflict between protecting the environment and encouraging development is becoming more serious, [Zhu] said. A shortage of resources, a fragile ecological balance and insufficient environmental protection capacity are becoming critical problems hindering China's development."
As Pan Yue said, the Miracle will end soon, if China doesn't act quickly. Now we're seeing why cutting edge Chinese projects, like Dongtan, are getting so much support from the PRC. Those Chinese leaders who care about the future of their country realize that their choices are green, or collapse.
(Image: Ed Burtynsky, Nanjing Steel, Jiangsu Province, 2005. Used with permission.)









