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Money buys water — for now
By Elmer W. Cagape Sat, Oct 29, 2011 1:07PM UTC View Comments
Hong Kong has renewed its water deal with China’s Guangdong province that will cost HK$11.2 billion (US$) over a three-year period. This means water supply volume of 2.46 billion cubic meters from Dongjiang, or East River, in Guangdong is expected to flow into Hong Kong through 2014. The city will pay HK$3.5 billion in 2012,...
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