China water supply

China water supply - October 26, 2006 China's water supply...

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October 26, 2006 China's water supply - A modest proposal China should liberalise water pricing HOW to provide sufficient clean water to the vast and arid north of China has long been a headache for its rulers. Of late they have considered some ambitious proposals. One of the most hotly debated, to divert water hundreds of kilometres from Tibet at a cost of tens of billions of dollars, was scorned this week by the water minister. What about a more modest (and less Maoist) approach: using market-driven prices to deter waste and pollution? Market solutions do not come naturally to Chinese officials. For the past four years two huge diversion projects have been under way to bring water from the Yangzi River basin to northern China. Work on a more technologically challenging third route, involving blasting through mountains to link the Yangzi's upper reaches to the Yellow River, is expected to begin around 2010. The proposal castigated by the water minister, Wang Shucheng, on October 24th was even more grandiose. It would extend the
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This note was uploaded on 04/21/2011 for the course ECON 1001 taught by Professor S.c during the Fall '10 term at HKU.

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China water supply - October 26, 2006 China's water supply...

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