Tag: China’s new leadership

As Wen Jiabao departs, China’s dam plans to accelerate

(November 21, 2012) As populist Chinese Premier Wen Jiabao prepares to retire, China’s new leadership is already looking at an aggressive plan to ramp up hydro capacity, as part of its ambitious 2020 energy goals. Under Wen, whose common touch earned him the nickname ‘Grandpa Wen’, a number of projects were shelved, including a series of dams on Yunnan’s untouched, UNESCO-protected Nu River – this is now slated for construction. The following Reuters report, by David Stanway, looks at the prospect of a renewed dam push in a country already struck by development fever. A tough sell, he notes, as an increasingly affluent middle-class – also the drivers of China’s consumption boom – push back against China’s “growth at all costs” economic model.