Water Crisis Imperils China
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China’s growth may be imperilled unless the country addresses a deepening water crisis, according to a report released by the Asia Water Project in Hong Kong.
Scarcity and pollution of the resource will be particularly acute for water-intensive industries such as steel, textiles, paper and forest products.
Ensuring a sustainable water supply in China is likely to become a key factor in corporate planning that will affect the nation’s existence and the profitability of companies operating in the country, according to the report.