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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Stitch who wrote (5357)	8/3/1998 4:20:00 AM
From: Snowshoe	Respond to of 9980

>>suspicion was that China overstated flood damage in order to regain world opinion in favor of the Three Gorges dam<< Stitch, the article I read cited a Chinese environmentalist who complained that the money spent on the Three Gorges dam should have been spent on improving the river dikes instead. -Greg

To: Stitch who wrote (5357)	8/3/1998 8:53:00 AM
From: Bosco	Respond to of 9980

g'day all - dear Stitch, you sez "There have been published statements of doubt about the veracity of flood accounts in the past. The suspicion was that China overstated flood damage in order to regain world opinion in favor of the Three Gorges dam project." offhand, w/o following the situation too closely, I'd doubt the rationale judging from the recent show of nationalistic pride. I mean, does PRC really worry about the world's opinion in the TGD project. Besides, the world's opinion is a mixed one. Also, in the past, like the Tan Shan earthquake, the PRC actually understated the severity. In the end, I'd agree with Greg's that such damage is actually negative to the TGD. best, Bosco