A great new issuer leaps forward
Nobody knows how much it will cost China to block the Yangzi and build the world’s biggest ever dam. By even the lowest estimates, it will cost more than $30 billion to fulfil Mao Zedong’s dream of taming the force of the world’s most powerful river. Yet some believe it could cost a staggering $70 billion. By comparison, Malaysia’s recently-cancelled Bakun dam would have cost less than $6 billion.
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