‘Year of the bull’ for Chinese water
- From: Vol 10, Issue 2 (February 2009)
- Category: General
- Region: Asia
- Country: China
What will China’s $587 billion economic stimulus package mean for the water sector? GWI’s Kathy Liu discusses the winners and losers.
A significant chunk of China’s RMB4 trillion ($587 billion) economic stimulus package is headed for the water industry. During the 1998 Asian financial crisis, China successfully stimulated its economy by investing in the environmental management sector, and it would appear to be hoping for a similar result a decade later. Of the total amount, it is anticipated that RMB1 ...
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