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Memo to Hong Kong's new leader: must clear the air

Fri, 06/29/2012 - 4:25am
Reuters

HONG KONG (Reuters) - As Hong Kong strives to consolidate its reputation as a financial hub and major offshore conduit for China's wealth, the smog that often envelops its skyscrapers exacts a heavy cost on its pro-business credentials and competitiveness.

Business and green groups say outgoing chief executive Donald Tsang has failed to address a problem that costs an estimated $6 billion each year, according to health experts, with air quality in the former British colony now among the worst in Asia.

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