Game Theory: China’s Air Crisis on Economy

China’s Environmental crisis has become one of the most counterproductive obstacle that challenges the colossus country’s rapid economic growth. As a country that had a GDP that grew more than 10 percent per year for more than a decade. It has shortly fallen off due to the factor of a toxic growth in the air. Last December, China was faced with two records of their highest red marks of air pollution in Beijing and almost 300 other cities. The toxic air has developed to a point that ceased the rapid industrialization of this country and caused a drop of 6.5 percent towards their GDP annually, additionally it has caused more than 1.6 mill people per year to die from breathing in this toxic smog.

In according to the topics that was covered in class. For the past decade, China focused their strategy on the “game” of rapid growth of their economy and industrialization. In this article, the writer talks about how China was too focused on climbing the ladder on an economic level to finally  to realize the damages that air pollution by economic growth has caused. The country is currently at a point where pollution has become deadly and thus changes to the strategies of the government had to be made in order to prevent devastating damages on bother the environmental and economical level in the country. In 2014, China’s government noticed that pollution has increased drastically and thus has called for a “war” against this factor. By changing their strategy, in reducing pollution and funding into recovery. China’s government will be able to save from further damages. Although, the funds of air recover was high, thus causing the decline in the GDP of the country.

http://www.cfr.org/china/chinas-environmental-crisis/p12608

http://www.cnbc.com/2016/02/11/pollution-crisis-is-choking-the-chinese-economy.html

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