Financial Times: Hong Kong admits pollution is hurting business

[DeepModem Mom]

Hong Kong admits pollution is hurting business
By Tom Mitchell in Hong Kong
Published: August 28 2006

Hong Kong’s chronic air pollution is hurting business in the territory, a senior government adviser said on Monday in the first official admission that worsening air quality is affecting companies’ investment decisions.

“Up to a year ago (pollution) really hadn’t hit our pocketbook,” said Victor Fung, chairman of the government-backed Greater Pearl River Delta Business Council. “But now people are not coming to Hong Kong to take that job because their kid has asthma,” he said at a briefing.

Mr Fung’s comments follow an American Chamber of Commerce survey published this weekend that found 60 per cent of 140 senior executives polled were “very worried” about the effect pollution was having on their health.

Almost 40 per cent said Hong Kong’s worsening air quality made it difficult to recruit overseas staff, while 80 per cent said they either knew someone who had left the territory, or was thinking of doing so, because of the air pollution....

http://www.ft.com/cms/s/f54b006a-36aa-11db-89d6-0000779e2340,_i_rssPage=ff3cbaf6-3024-11da-ba9f-00000e2511c8.html

[Erika]

1. It's so sad that so many of our inner city youth are trapped

living in industrial areas where pollution is so high. Asthma is rampant in those areas here.

W doesn't care. Not one bit.