The Beijing Olympics are drawing international attention to China’s chronic pollution problem.

Environmental damage costs China more than $200 billion a year, or roughly 10 percent of its GDP. The country recently pledged to spend up to $125 billion on a massive cleanup, including the construction of over 10,000 wastewater treatment plants.

This makes Singapore’s water treatment companies well worth a look, according International Strategist editor Tom Dyson in DailyWealth.

A water crisis is coming, says Special Situations guru Chris Mayer.

Fresh water supplies are drying up in the US, says Chris, even as a growing population and increased biofuel production create more demand. And water is still too cheap, given it’s demand.

This could soon change. As shortages become more frequent, the price of water resources will go up. This makes the industry a promising investment play. More from Chris…

It flows free from our taps and faucets every day, yet many people don’t realize that water may not have the limitless supply we once thought. Many areas of the world are at risk of not having enough fresh water to go around. Capital & Crisis’ Chris Mayer gives us the lowdown on one such area where water monitoring is taking place.