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Money for old water
HOME > PAST ISSUE > REPORTS [Premium content]March 2007
For smart investors, China’s woeful environmental stewardship is money in the bank
Not everyone is saddened by China's growth-at-any-cost and the environmental tragedy it has ushered in. What is broken must be fixed, and the government is creating programs to cope with urbanization and clean up the damage. China's 11th Five-Year Plan, announced in 2005, marked the beginning of an environmentally-conscious era.
"It is much more than window dressing," said Khalid Malik, the United Nations Development Program resident representative in Beijing.
"How ...
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