As US debates, China acts - with a building boom


  • Business Premium
  • Monday, 20 Dec 2010

HANGZHOU, China: Gravel-laden barges glide past the willow-fringed banks of the Grand Canal, plying a trade route built 2,500 years ago to bring grain from China's fertile south to its rulers in the north.

Now the 1,800-kilometer (1,125-mile) passage is part of an even grander scheme: a $150 billion plan to bring water from the mighty Yangtze river to the parched north in what is the world's most expensive infrastructure project.

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