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Economy

Chinese investors wake up to risks of air pollution

Impact of smog on productivity and portfolios means 'dirty' assets are out

| China
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People wear face masks as they cross a street on a polluted day in Beijing.   © Reuters

Investors in China are waking up to the material risk of air pollution on their portfolios, as Beijing ramps up efforts to eliminate smog from the country. The days when China viewed air pollution as a necessary byproduct of economic growth are fading fast.

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