In the article “China Asks Companies to Mind Environment When Investing Overseas” from bloomberg news, it is clear that China is beginning to realize the impact that their growing economy is having on the global environment. This has come after recent criticism of China for neglecting the Environment and allowing pollution to spiral out of control. Bie Tao is quoted in saying “No side will win if the environment is neglected, and we have many lessons in this regard.” He brings up an interesting economic dilemma because gdp growth more or less requires the expansion of industry in cities, however there are proven to be many negative externalities that end up hurting the economy that comes along with this expansion. For example, more polluted air will result in less healthy crops which results in lowered GDP growth. It is a positive sign to see that the Chinese government is beginning to take this issue seriously and is sending a stern message to companies. It will be interesting to see how all of this pans out in the future.