China to spend 200 billion yuan on water conservation in 2011

Scientific American reports that the Chinese government is "expected to spend about 200 billion yuan ($30.10 billion) on water conservation projects in 2011, a tenth more than in 2010.Priority will be given to improving irrigation to ensure grain security and projects to combat drought and floods. " China continues to invest in water as a source of natural capital for the country in order to underpin food security and economic development. Check out the article.