CLSA Publication: Water and Fire

With the global nuclear renaissance stalled by Fukushima, China is relying more than ever on hydropower to keep the economy growing. We expect the country to add the equivalent of eight Three Gorges dams by 2020. The dam-building frenzy is most intense in China’s ecologically sensitive southwest. As hydro engineers fight farmers and city planners for dwindling water resources, the central government is being forced to rethink its stance on water resources – hydro in particular.