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China’s Economy Threatened by Water Shortages
Companies in China that use water efficiently will be better positioned to profit in an economy increasingly at risk from water stress and new water regulations, according to analysis by HSBC.
Nine of China’s 31 provinces suffer from extreme water scarcity and 11 are very water inefficient, the bank says in its China’s rising climate risk report. The economies of 14 provinces could be at risk from water stress, because they rely heavily on manufacturing industries, it said.
Government has recognised this and has responded with a target in its 12th five-year plan (2011-15) to cut by 30% the water consumption per
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Nine of China’s 31 provinces suffer from extreme water scarcity and 11 are very water inefficient, the bank says in its China’s rising climate risk report. The economies of 14 provinces could be at risk from water stress, because they rely heavily on manufacturing industries, it said.
Government has recognised this and has responded with a target in its 12th five-year plan (2011-15) to cut by 30% the water consumption per
Read more...
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