China dedicates $200b to environment

30/08/2007

China is to spend more than $200 billion to clean up the environment after decades of rapid economic growth. State media says the money will be used to monitor and reduce polluting emissions and for a new system of emission trading.China's economy is booming but at a huge environmental cost with up to 70 per cent of its waterways polluted and air quality in its biggest cities among the world's worst.