There’s something slightly ironic in seeing a command and control government like China using the market to try and address environmental problems like deforestation. Chinese restaurant-goers will probably see an increase in food prices as a 5 percent tax on disposable chopsticks is implemented. And car buyers will have to pay more for those high prestige big-engined cars.
One thought on “China’s Bringing Externalities Inside”
I think these taxes show how far down the road China has gone towards a market economy.
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