Environmentalists celebrate as Beijing appears to abandon plans to build mega dams on its Grand Canyon of the East. Although dam-building isn’t off the table in other parts of China, activists say Beijing is deterred in this case by growing concern for the environment, the wisdom of dam construction in areas of high seismicity and – most importantly – the economics of large-scale dams that no longer make financial sense in a slowing Chinese economy, in combination with the scale of difficulty in transmitting electricity from remote regions to the rest of the country.