The Asian Development Bank yesterday approved a $300m loan to help clean Beijing’s polluted air as it pledged to support China’s efforts to cut coal use in and around the capital.
Beijing officials this week issued their first red alert after particulate readings rose to hazardous levels, forcing closure of factories and many schools.
The loan will be used to cut coal use in Hebei province, which contributes much of the pollution that blights Beijing and Tianjin.
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