These comments by Tanzanian economics professor Humphrey Moshi serve as quite an indictment of the wayward World Bank. When China — no stranger to poor practices itself — is your “saviour” from bad World Bank policies … The Daily News reports.
Aid is best spent in poor, well-governed countries. That isn’t where it goes.
This Economist piece doesn’t mince words: foreign aid, it says, “is a mess in almost every way”. Hard-won transparency in aid over the past decade has actually revealed “just how badly things are going”.
Why China’s nuclear exports may struggle to find a market
China seems well placed to trump its competitors in the nuclear export business but buyer concerns about the quality of components, the rigor of the Chinese regulatory system, the risk of dependence on China and the potential leakage of technologies with strategic geopolitical use, may prove a tough sell. China Dialogue reports.
Mekong Delta loses half of silt to upstream dams: scientists
A soft shield of silt that took over 6,000 years to form and which protects the ‘rice bowl’ of Vietnam against intrusion from seawater, erosion and declining groundwater levels has been seriously stripped by Chinese dams on the Mekong River, say experts. Half of the river’s essential sediment is now trapped upstream and the delta may be in jeopardy of disappearing altogether. Thanh Nien News reports.
The myth of sustainable hydropower
2016 will be a decisive year for hydropower projects on the mainstream Mekong. Southeast-Asia based journalist, Tom Fawthrop, looks at the notion of ‘nice dams’ that supposedly don’t inflict too much damage on their surrounding environments and their opposite reality: the hidden costs of hydropower and the irreversible destruction of unique ecosystems.
China’s ‘water grab’ and its consequences
Beijing’s revisionist approach to the status quo in Southeast Asia is nowhere more evident than its “land grab” in the South China Sea and “water grab” in the upper reaches of the Mekong River, says renowned Thai commentator Thitinan Pongsudhirak.
China damming Lhasa River into artificial lakes
Beijing’s Lhasa River Project comes under fire from high-profile Chinese geologist and environmentalist, Fan Xiao.
Paris climate agreement is a triumph of hope over facts
China’s leaders, we are told, are leading us to planetary carbon salvation. For a reality check, consult a new report by Patricia Adams, the executive director of Probe International. Tom Switzer for the Sydney Morning Herald.
China’s pollution is not the same as cutting C02
Patricia Adams, an economist with Probe International, says China will not live up to global CO2 emission standards. Commodities host, Andrew Bell , for Business News Network (BNN), interviews Adams after the release of her new report, The Truth About China, today.
China’s gloomy future
China’s increasing financial and economic assertiveness suggests its star is only set to rise on the world stage and that has prompted some major swagger on the part of its leaders. Swagger the nation’s long-term view doesn’t warrant. Commentary by John Robson.
The impending dam disaster in the Himalayas
Two of the most populous nations—China and India—are building hundreds of dams in a violently active geologic zone.
China gets back to nukes
Driven by the need for clean energy in its war on pollution and further accelerated by worldwide global warming fears, China is set to resume plans for a nuclear renaissance that has many sounding an alarm over safety concerns.
Three Gorges Group will not stop building hydro dams in Nepal
Projects are strong enough to withstand a rare “thousand year” earthquake, say China Three Gorges Corporation officials: “no need to worry”. Experts beg to differ.
A danger of dams
This Huffington Post blog, by Peter Neill, founder and director of the World Ocean Observatory, looks at the global love affair with big dams and the perils of forcing water to acquiesce to political ambitions and national pride, and the sometimes dangerous results of doing so.
Did China profit from corrupt Sri Lanka deals?
Sri Lanka’s new government is reviewing all investment projects signed by the previous administration. Chinese companies, awarded the majority of those deals, are at the center of the storm. Sri Lanka’s new finance minister, Ravi Karunanayake, says Chinese firms “used the opportunity of a corrupt regime to crowd out other companies”. CNNMoney and Business Insider report.
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Fan Xiao
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