Source Pravda.Ru

China: New dam leads to 100,000 job losses

The largest dam in the world, the Three Throats dam, under construction along the course of the Yangtze river, has led to the closure of hundreds of companies which have been, or will be, forced to close. The result is over 100,000 job losses in the region and 1.13 million relocations.

500 companies established in the area affected by the dam will cease activity. However, according to official sources, the new dam will not only stabilise the worst cause of flooding in China on a systematic basis but will also produce energy. The workers will be assimilated in other companies in the area where they are to be re-housed.

Timothy BANCROFT-HINCHEY PRAVDA.Ru

Related links:

Comments
USA plays to pretend a mighty dragon that can no longer breathe fire
USA plays to pretend a mighty dragon that can no longer breathe fire
Russians lose faith in their future, get ready for worse
Russians lose faith in their future, get ready for worse
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Macron challenges Trump. French independence and croissants at stake
Macron challenges Trump. French independence and croissants at stake
Brexit: The UK's misunderstanding of Democracy
Putin dislikes the idea of US army bases coming to Kuril Islands
Putin dislikes the idea of US army bases coming to Kuril Islands
Putin dislikes the idea of US army bases coming to Kuril Islands
Russia and USA fight even in space: Americans damage Soyuz deliberately
Russia and USA fight even in space: Americans damage Soyuz deliberately
USA plays to pretend a mighty dragon that can no longer breathe fire
Argentina's coast guard sinks Chinese trawler
Brexit: The UK's misunderstanding of Democracy
USA plays to pretend a mighty dragon that can no longer breathe fire
Russia rips its economy apart with help from the West
Brexit: The UK's misunderstanding of Democracy
Presidential and midterm elections in the USA change the 'American project' entirely