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

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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
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.