China's Environment

On the heels of the news about thousands of dead pigs found in Shanghai's rivers and Beijing's out-of-control air pollution, the New York Times in reporting that China suffered environmental damage valued at $230 billion in 2010. China's growth has been and continues to be astounding, but the costs are starting to pile up as well. Just in Beijing, the cost of addressing some of the environmental issues will be over $5 billion per year.