Has Veolia Water overstepped the mark in China?
- From: Vol 8, Issue 6 (June 2007)
- Category: General
- Region: Asia
- Country:
- Related Companies: Beijing Capital Group, China Everbright, CITIC, Haikou Water Supply Group, Shenzhen Water Group and Veolia
GWI China editor Kathy Liu suggests that the French company may be making some powerful enemies as it continues its drive to be the leading player in the country\'s water market.
Veolia’s bid for a 50% share in the Haikou Water Group faces strong opposition from within China.
In April, negotiations between Veolia and the Chinese government appeared to be progressing well, and there was optimistic talk of a contract being signed in the near future. By the beginning of May, however, the mood had changed, and the concept of ...
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