PRESS RELEASE White House reportedly abandons effort to block Ex-Im aid for Three Gorges dam

(January 22, 1996) The White House has apparently distanced itself from its earlier advice to the Export-Import Bank to stay away from the Three Gorges dam in China, according to a report in the Journal of Commerce. American multinationals are now confident they will get support from the bank to help build the massive and controversial dam on China’s Yangtze River.