China fights quake lakes

(May 29, 2008) About 160,000 people are being relocated and the government may have to evacuate as many as 1.3 million after landslides caused by the May 12 quake blocked rivers, creating 35 lakes, reported Bloomberg. Some of them are threatening to burst their banks.

Yangtze dolphin is no more

The Yangtze river dolphin (or baiji) made headlines last week after an international team of researchers announced the "functional extinction" of the species. The announcement came after the team spent six weeks combing the entire known range of the baiji in the 1669-kilometre main channel of China’s Yangtze River.

Chinese leader will aid Chretien award contracts to supporters of the controversial Three Gorges dam


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.

PRESS RELEASE Three Gorges dam: investors still suspicious, controversy rages on

Despite China’s optimism in offering a $120 million bond issue for the Three Gorges Project this month, international investors are still hesitant to back the highly controversial dam. Says senior analyst Simon Billenness, of Franklin Research and Development in Boston, "Until the grave environmental and human rights concerns are adequately addressed, we wouldn’t touch Three Gorges with a barge pole." A project finance analyst, who asked to remain anonymous, maintained, "The Chinese are going to have a very difficult time financing this. I think the Three Gorges [project] is simply going to be crushed under the sheer weight of itself; the project is much too ambitious."