Chinese polluters to face more business, financing restrictions

[WorldNews]

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Chinese firms guilty of exceeding emissions limits or building plants without environmental permits will face tougher punishments including credit bans and land use restrictions, the country's environmental ministry said late on Wednesday. China has been cracking down on polluting enterprises, raising fines and threatening criminal action against persistent offenders, but regulators have long struggled to impose rules on powerful industrial enterprises and local governments anxious to protect revenue and jobs. The Ministry of Environmental Protection said in a notice published on its website that it has signed a cooperation agreement with 30 government departments, including the central bank, to broaden the range of punishments for offenders as well as improve information sharing.

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