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A report from a Hong Kong based think-tank decribes the threat to industry on the Pearl River Delta and in Hong Kong posed by increases in flooding and typhoons associated with climate change. The report also highlights the knock-on effects of damage to this region for global trade.

We could yet see the Chinese government volunteering cuts in Greenhouse gas emissions and thereby removing the biggest bar to emissions restrictions for the largest liberal economies. If the perception of immediate risk from climate change overwhelms debates about fair competition then the current bars to international cooperation could be removed.