Probe International

(March 26, 1996) $12.5 million Export Development Corporation loan to Chinese government makes Canadian Taxpayers financiers of world’s “riskiest and most destructive dam project ever”

(February 9, 1996) Chinese officials admitted last week that the number of people who will have to be moved to make way for the colossal Three Gorges dam is higher than originally expected.

(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.

(January 30, 2006) Two recently issued bond tranches of China’s Yangtze Three Gorges Development Co. will start trading on the mainland bourses April 19

(December 21, 1995) The United States Export-Import Bank could decide next week whether to subsidize corporate America’s involvement in China’s controversial Three Gorges dam. The bank’s board of executive directors is expected to vote on the project once the current budget impasse is resolved.

(October 12, 1995) Chinese Premier Li Peng is expected to lend a helping hand to Prime Minister Jean Chrétien tomorrow in his bid to secure business for Canadian firms in the construction of China’s Three Gorges dam. Premier Li is attending the annual general meeting of the Canada China Business Council tomorrow in Montreal and is expected to announce the award of contracts to help build the massive and controversial Three Gorges dam.

(April 5, 1995) China is being overwhelmed by a “tourist fever to bid farewell to Three Gorges,” and officials fear the situation “presents a serious threat to public security and order in tourist areas”

(February 6, 2006) Hong Kong-listed Huaneng Power International, the mainland’s largest independent power producer, has committed to the Three Gorges project.

(February 7, 2006) Archeologists conducting urgent excavations in the soon-to-be-flooded Three Gorges area have reported the discovery of ‘the largest and best preserved cultural ruins of the Tang dynasty (AD 618-907).’

(February 12, 2006) Protesters raise questions inside the meeting about the U.S. investment bank’s involvement in the financing of the Three Gorges dam.

(February 13, 2006) China will soon begin a drive to drum up financing from stock markets, despite expected protests. After the initial public offering in Shanghai, a listing in Hong Kong is likely and possibly in London as well.

(February 13, 2006) Beijing has told the provinces they will have to buy Three Gorges power before purchasing from any other source. Now officials in charge of building the dam also want the central government to absorb 25% of the project’s debts.