From Qian Gang and China Media Project
On January 26, Ren Xinghui (任星辉), a young Beijing resident, decided to stand up against China’s Ministry of Finance. Why? Because his request that income and expenditures for the Three Gorges Project be made public in accord with China’s National Ordinance on Government Information Release was rejected by the ministry.
Capital outlays for the Three Gorges project have been massive. In 1993, the state estimated that the project would require total static investment of 90 billion yuan. In consideration of price index changes and other factors, the investment was projected at 203.9 billion yuan when a specific financing program for the project was finally formulated. The government later announced that costs could be controlled within 180 billion.
Where were all of those funds supposed to come from?
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