China's war against nature

Unless this yearÆs legislative meeting brings real change to ChinaÆs growth model, growth could be derailed says JPMorgan's China equities chairman, Jing Ulrich.
FinanceAsia There's been a backlash against growth in China and the social dislocation it causes. How do you see this dynamic playing out

The leadership acknowledged this problem at the recent National PeopleÆs Congress the annual convention of ChinaÆs top legislative body and are taking some major steps to rectify it. Priority will be given to inland rural China, environmental protection and social harmony over coastal, urban China.

The national agricultural tax has also been eliminated to help improve the living standards in rural communities, where more than 64 million people equivalent to the UKÆs entire population live on less than $120 per year. New medical care systems and free compulsory education have...
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