(January 8, 2008) China’s Yangtze Power Company posted a 47 percent rise in “profit” last year, though critics, including Probe International, argue these profits would vanish if the company were forced to pay its share of the project’s rising environmental costs.
Xinhua: Three Gorges dam tourism hits record high in 2007
(January 6, 2008) China’s Three Gorges dam attracted a record high of 1.25 million tourists last year, according to state tourism developers, Xinhua reported on January 1.
Xinhua: China to study pollution sources
(January 6, 2008) China will conduct its first national survey of pollution sources in some of the world’s dirtiest cities, Xinhua reported last week.
China Minsheng teams up with Three Gorges Financial Company, Royal Bank of Canada
(January 4, 2008) China Minsheng Banking Corporation has received state regulatory approval to set up a fund management company with Royal Bank of Canada and Three Gorges Financial Company.
Canada’s aid seeded China dam
(December 31, 2007) “The problems at the Three Gorges aren’t just a Chinese problem, as it’s often portrayed,” says Pat Adams of Probe International. “It’s a world-wide issue, with responsibility in other countries, too”
China’s massive dam project causes worry
(December 29, 2007) Residents in the Three Gorges area are concerned by an increase in landslides as the water level rises in the 410 mile-long reservoir. “Almost all my fears have come true,” says Dai Qing. “The landslides and cracks have made people migrants once again."
Global Transparency Initiative calling for IFI policy overhaul
(December 28, 2007) Visit the civil society monitor Global Transparency Initiative’s (GTI) Transparency Charter to International Financial Institutions: Claiming Our Right to Know. The Charter is the GTI’s flagship statement of standards the GTI believes the information disclosure policies held by International Financial Institutions should conform to.
China: New dam builder for the world
(December 28, 2007) China has embarked on a push to export its dam-building know-how to developing countries—even as it contends with environmental damage and social upheaval at home from the massive Three Gorges Dam.
Critic of Three Gorges remains steadfast
(December 24, 2007) As Beijing admits faults on hydroelectric project, a crusader presses her campaign, Shai Oster reports.
Chinese critic of dam remains steadfast crusader
(December 24, 2007) Beijing admits faults as activist pushes campaign, next target 2008 Olympics
Three Gorges migrant victims decry corruption and abuse
(December 10, 2007) Residents forced to make way for the Three Gorges dam have been denied resettlement funds, The China Post (Taiwan’s leading English-language paper) reported on December 10th.
Four more mega-dams to harness Yangtze
(December 7, 2007) Another four mega-dams planned for the upper reaches of the Yangtze River will have the capacity to produce double the amount of hydropower created by the Three Gorges facility, a senior engineer of the project’s construction body told Shanghai Daily on December 7. .
Thirsty dragon at the Olympics
(December 6, 2007) After the Olympics, how will Beijing’s insatiable thirst for water be satisfied? asks Chinese environmentalist Dai Qing in this week’s New York Review of Books.
China’s bond market under new management
(December 6, 2007) Yangtze Power was not the first Chinese company to issue debt in the domestic market, but the US$540 million it raised through the sale of 10-year bonds — which started trading on the Shanghai Stock Exchange on October 12 — marked the dawn of what could be a dynamic new age for corporate bonds, Newsweek reports.
Landslide death toll rises to 34
(December 3, 2007) The death toll in the landslide in central China’s Hubei Province last month has risen to at least 34, after searchers pulled out one more body from the debris early on Monday. The landslide caused an avalanche of about 3,000 cubic meters of rubble that buried a nearby construction site and a bus travelling on State Highway 318, Xinhua reported.


