ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Chinese companies seal country's first rainwater trading deal

Move could boost 'sponge city' initiative to combat droughts and floods

SHANGHAI -- Two Chinese companies have started trading in rainwater, the first commercialization of an unconventional resource in a move that authorities hope could support the country's "sponge city" projects.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more