China says environment still grim despite five years of progress

Thats a hard one to pull of for China. Environmental protection costs money and so far, Chinas edge was always that they were willing to stomp on their people and destroy their environment for money. What do you think why producing anything is more expensive in developed countries? Because they tend to pay fairer wages and there are stringent environmental protections in place that must be observed. If China wants to do the things developed countries do, it will lose its competitive edge. A catch22. Virtue signaling and a willing west gobbling up the empty gestures paper over those cracks for a while. But eventually, China will either have to offer more than sweatshops and labor camps or go back where it came from. #ChinaPollution #ChinaEnvironment #ChinaEconomy

Linkedin Thread

Twitter Thread