Leaving China was already high on the agenda of expats, but now also Chinese are considering leaving as Shanghai suffered from the worst pollution ever in the past week. WSJ wealth editor Wei Gu talks to sustainability specialist Richard Brubaker, who expects pollution is going to be worse in the next 5-15 years.
A tainted image because of a food scandal is one of the reasons China’s largest pork producer Shuanghui bought America’s largest meat processor Smithfield for US$4.7bn in cash. Shuanghui is trying to upgrade both management and technology, tells business analyst Ben Cavender in the Wall Street Journal.
Thousands of dead pigs and ducks illustrated over the past weeks again China is having a huge food security problem. Lawyer Mark Schaub of the Chinese-Australian law firm King&Wood and Mallesons gives in China Law Insight an overview of how the country’s central government is trying to close the loopholes in the current messy approach of food security.
Newly elected president Xi Jinping has coined his tenure ‘beautiful China’, like his predecessor Hu Jintao strived for a ‘harmonious society’. WSJ wealth editor Wei Gu sees her opportunities for environmental companies as Xi still looks for economic growth but without damaging the environment.
China is using most energy in the world, not only because of its booming economy, but also because of its low energy efficiency, writes energy specialist Bill Dodson in the China Economic Review. The good news: China’s officials know they have a problem to fix, and look for ways to do so.