Venture Capital's Clean Dreams for China

Clean technology has become the third-largest destination for venture capital in China, with $420 million invested in 2006

This summer, the government of the eastern city of Wuxi had to turn the taps off, cutting off water supplies to millions. The reason was that chemical factories had dumped too much untreated effluent into the city's main water source, Lake Tai, feeding a massive algae bloom that choked the water body.

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