REASONS TO BE CHEERFUL

* China’s long awaited desalination boom may finally be on the way.

 A change in the attitude of local banks to non-recourse finance is opening up the market (see story p24). As of the end of 2009, total contracted desalination capacity in China stood at 380,000m3/d, according to the National Development and Reform Commission. Against this, current government targets anticipate the procurement of up to 1 million m3/d of ...

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