China Facing Water Shortage, Threatens Economic Growth, CitizensMark Melin
As Chinese growth appears to be slowing from the statistically above mean performance of 7 percent, and its rivers, streams and lakes become increasingly polluted, there is a commodity the Asian nation depends upon that isn’t typically linked in mainstream economic analysis: water.
HSBC’s Hong Kong analyst Wai-Shin Chan notes that China will have “tough trade-offs ahead” as it balances water used to pump up manufacturing with the need for a government to ensure that limited water . . .
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