News Summary: China's bad air a cause for concern

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News,Business

HEADING FOR EXIT: China's notoriously bad air quality has some expatriates fleeing the country and highly valued executives to reconsider a stint in the world's second-largest economy.

THE GOOD AND THE BAD: China's meteoric economic expansion has lifted hundreds of millions of its citizens out of poverty, but it's also ravaged the environment, with heavy industry burgeoning, electricity demand soaring and auto sales seeing double-digit percentage increases every year.

LIST OF WOES: Air quality is just the latest consideration for companies and individuals considering the cost of entering one of the fastest expanding economies in the world, on top Internet censorship, limits on market access and intellectual property theft.

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