China’s Air Pollution Causing Serious Brain Drain, Economic Loss

China’s Air Pollution Causing Serious Brain Drain, Economic Loss
May 20, 2014 By eChinacities.com

China’s bad air quality, and especially Beijing’s, is costing the nation valuable foreign talent as well as leading to vast economic losses.

The topic has resurfaced as a point of concern for environmental and economic authorities after Nokia revealed that 15 of 17 senior R&D experts turned down the chance to work in Beijing, citing the poor air quality as the reason. This comes on the heels of Dirk Didascalou, Nokia’s senior vice president of mobile phones research and development, leaving China over concerns for his children’s health.

A study done at Peking University showed that in January this year alone air pollution cost the country nearly 4 billion USD. Among other factors, transportation and health concerns were the two primary causes of the great monetary loss.

While China has tried to rectify the problem in recent years, experts say that it might still take between 15 and 20 years for the turn around to be complete. By which time the damages incurred might be too great to recover from.

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Keywords: China’s Air Pollution Causing Serious Brain Drain

1 Comments

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Guest734326

"While China has tried to resurrect the problem in recent years". . . Really? China wants the problem to come to life again? You mean "rectify", or just "fix"? Who's writing this stuff?

May 20, 2014 20:45 Report Abuse