China's water crisis opens giant market for business
by The Daily Eye Team March 21 2015, 12:27 pm Estimated Reading Time: 0 mins, 37 secsAs one of the world’s fastest-growing economies, China is facing a looming water crisis; its factories, farms and more than one billion people need more clean water than its water sources can safely provide. About 60 per cent of the country’s groundwater is polluted, the Chinese government has said, and for the economy to expand at the current rate of 7 per cent a year, there is an urgent need to address this problem. To shed light on the issue of water usage and treatment in China, CDP, the organisation formerly known as the Carbon Disclosure Project, will be launching the first ever report focused primarily on the corporate use of water in the country this June.