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.
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.
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.
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.
Beijing’s Lhasa River Project comes under fire from high-profile Chinese geologist and environmentalist, Fan Xiao.
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.
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 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.
Two of the most populous nations—China and India—are building hundreds of dams in a violently active geologic zone.
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.
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.
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.
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.
Former IMF chief economist Kenneth Rogoff says “far too little attention has been devoted to understanding why multilateral development lending has so often failed”. In his experience, MDBs are most valuable as “knowledge” banks — sharing soft development infrastructure such as experience and best practices rather than financial muscle. The latter, he says, has led to their “greatest failures”.
Just as China took a moment to enjoy Washington and Tokyo’s discomfort over Europe’s biggest economies declaring in favour of a new Chinese-led Asian investment bank, Washington and Tokyo took a moment to caution joiners to beware of governance standards. We say: beware of multilateral development banks in general.