This post was originally published on Smartplanet.com
China's central government has declared "war on pollution" and toyed with ideas like usingand a fuel rather than uranium. And it won't come a moment too soon—for foreign firms.
China's smog has become a major challenge for foreign firms trying to recruit top executives to work in the country, according to the 16th annual AmCham China 2014 Business Climate Survey (the American Chamber of Commerce in Beijing).
According to the survey, 48 percent of the 365 foreign companies that responded said concerns over air quality were turning senior executives away, Reuters reported. That's up from 19 percent just four years ago.
This is not the first time smog has dampened business in China. Smog practically, a city of around 11 million people, last October. It's also led to widespread flight cancellations, hurt tourism and rendered useless.
Some have managed to se the opportunity in smog, or at least try. Earlier this year, Chinese billionaire Chen Guangbiao said he wouldwith flavors like "pristine Tibet, post-industrial Taiwan and revolutionary Yan'an" for five yuan (about 80 cents) each.
Photo: Flickr/Ramon Boersbroek