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China trades rainwater for first time, but analysts say unstable trading system is far from being market-driven

Summary:
[unable to retrieve full-text content]China traded rainwater for the first time on a state-run exchange this week – taking a small step toward reallocating water resources to solve its water crisis – but analysts say the country’s water-trading system still has a long way to go.China’s deepening water-shortage crisis has been exacerbated by pollution and inefficient water management. With 80 per cent of its water resources concentrated in the south, at least a dozen northern provinces – including the Beijing-Tianjin-Hebei economic…

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[unable to retrieve full-text content]
China traded rainwater for the first time on a state-run exchange this week – taking a small step toward reallocating water resources to solve its water crisis – but analysts say the country’s water-trading system still has a long way to go.China’s deepening water-shortage crisis has been exacerbated by pollution and inefficient water management. With 80 per cent of its water resources concentrated in the south, at least a dozen northern provinces – including the Beijing-Tianjin-Hebei economic…

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