http://finchannel.com/index.php?option=com_content&task=view&id=22723&Itemid=50
The Asian Development Bank will provide a half million dollar grant to China to help prepare a framework for managing the allocation of water resources. There is great disparity in water allocation in China now - with, for example, massive volumes of water being diverted to quench the Beijing Olympics to the detriment of surrounding provinces.
"China has 20% of the world’s population but just 7% of its fresh water. The north of the country accounts for 45% of total population and 65% of fertile land but only 19% of water resources. On the other hand, the south comprises 55% of total population and 35% of fertile land but 81% of water resources."
Monday, November 3, 2008
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