China's smog may be hurting the country's economy right now but it may be the start of more trouble ahead, says one strategist.
While bad weather may be passing through the United States, another economic superpower is contending with a manmade air problem that won't go away.
Parts of China are grinding to a halt due to a recent bout of smog. Severe, hazardous mists have plaguing the world's most populous country for well over a week. Though a cold front is expected to lift the polluted clouds soon, schools are closed and flights are being canceled.
According to CNBC contributor Andrew Busch, editor and publisher of The Busch Update, China's smog problem is a direct result of priorities set by its central government.
"China has long taken the road that growth is better over environmental issues," says Busch. Next week's meeting of the annual Central Economic Work Conference in Beijing will decide whether theRead More »from How China’s economy is choking on smog