China vs. India in the great green race
Alex Frangos reports that in a contest between Chinese and Indian consumers and businesses over who cares more about the environment, China wins:
Among consumers, 94% of Chinese say they will pay more for products that are certified as green, meaning they have some sort of energy or health and safety benefit. In India, itâ??s 72%, as it is in Singapore as well.Businesses in China seem more attuned to marketing green products. Three out of five Chinese businesses think their customers will pay more for green products, while in India and Singapore, that percentage is 35%. Among Chinese food and beverage companies, 67% claim they trade or produce green products, compared to 16% in India. Clothing and footwear makers and sellers, itâ??s 41% versus 30% in India.
(AP Photo)
