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The quality of groundwater or surface water is a major problem in China, be it because of man-made water pollution or natural contamination. China's extraordinary economic growth, industrialization, and urbanization, coupled with inadequate investment in basic water supply and treatment infrastructure, has resulted in widespread water pollution ...
The water resources of China are affected by both severe water quantity shortages and severe water quality pollution. An increasing population and rapid economic growth as well as lax environmental oversight have increased water demand and pollution.
Another mechanism to use debt finance are BOTs which are a popular financing mechanism for water and wastewater treatment plants and bulk water supply systems in China. Under BOTs, private entities undertake investments and recover their costs through fees for bulk water sale or wastewater treatment charged to the utilities. While the local ...
Economists and analysts have told CNN that is because China has become too indebted to pump up the economy like it did 15 years ago, during the global financial crisis.
China’s economy had a miserable year. 2024 might be even worse ... Consumer prices have been weak for most of 2023 due to slugglish demand, and there is a risk of a deflationary spiral ...
Jia, currently president of the China Academy of New Supply-side Economics, a private think tank, was quoted as saying the potential bond issuance of up to 10 trillion yuan was “not unreasonable ...
Furthermore, climate change will worsen the uneven distribution of water resources in China. Outstanding rises in temperature would exacerbate evapotranspiration, intensifying the risk of water shortage for agricultural production in the north. Although China's southern region has an abundance of rainfall, most of its water is lost due to flooding.
China has relied far too heavily on debt-fueled real estate projects to power its growth, which has now produced an ongoing real estate collapse some liken to a “Lehman Brothers moment” for China.