Living happily never after
- From: Vol 11, Issue 10 (October 2010)
- Category: Analysis
- Region: Asia
- Country: China
- Related Companies: Asia Environment Holdings, Beijing Enterprises Water Group, Bio-Treat Technology, Boustead, Chongqing Water, Hyflux and Mitsui & Co.
You need to pay if you want to play in China’s current water market, writes Charles Bodhi.
Before we heard ‘the only constant is change’, there was Heraclitus, who in 500BC observed that ‘one cannot step twice in the same river, for other waters are ever flowing on to you’. The common fallacy today is to think that wading into the Chinese water market is stepping into a steady stream of gold. Last month, I admonished that ...
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