Doubts Raised Over China Hydro Project in Nepal

 This has been talked about a little bit in class, but here's an article talking about the $1.6 billion proposed hydro project in Nepal. As you could imagine, there is incredible untapped potential for hydropower in Nepal due to the huge elevation differences caused by the Himalayas. The delay seems to be a result the Nepal government blindly accepting the bid from China without consideration of international competition to create a bidding war on the project. Other proposed projects by China in the last few years have been halted, such as the Myanmar government halting a $3.6 billion hydro project by citing environmental and human rights concerns.

Here's the link.

http://online.wsj.com/article/SB10001424052702304724404577291311760939638.html?mod=googlenews_wsj