Chinese water torture
- From: Vol 5, Issue 5 (May 2004)
- Category: Analysis
- Region: Asia
- Country:
- Related Companies: China Water Company, Shanghai Waterworks Shibei Co, Suez, Thames Water and Veolia
Thames is brave to turn its back on China’s growth.
If you are not benefiting from China’s growth, you must be losing as a result of its impact on raw material prices. It is very difficult to turn your back on a market like that.
Thames this month signalled that it has had enough. It sold back its Da Chang water treatment plant to the city of Shanghai (see ...
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