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What the papers say -FINANCIAL TIMES

News stand

Worsening air pollution over China's Pearl River delta will further damage human health and the region's economic growth unless aggressive remedial action is taken, according to three reports published by Hong Kong think tank Civic Exchange. The reports claim smog is affecting tourism and that targets to cut local pollution are not being met.

Members of the International Olympic Committee are concerned that the emergence of the European Union as a form of 'superstate' could harm the chances of European candidates hosting the 2012 Olympics. Members believe European laws on cross-border policing make it difficult for the countries to enforce the Olympic charter.

Ministers have been accused of a 'shocking' climbdown on bribery and corruption controls on exporters in the wake of intense business lobbying.

Anti-bribery campaigner Transparency International has claimed changes to the bribery procedures of the Export Credits Guarantee Agency will encourage worst practice. The changes mean applicants for export finance will not have to issue warranties to cover potential corruption by companies such as joint venture partners.

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