As debate over the Chinese economy rages, car purchases may be a magic bullet, but policymakers have to trade off the good of the economy against the good of the environment. Photo: Reuters
China ponders trade-off with congestion and pollution on car purchase incentives to boost economy
- Environmental policy may have to play second fiddle to building home markets
- Analysts say that ‘front-loading’ car sales may kick problems down the road
Topic |
China economy
As debate over the Chinese economy rages, car purchases may be a magic bullet, but policymakers have to trade off the good of the economy against the good of the environment. Photo: Reuters