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Chinese state-owned company accused of endangering rare orang-utans

Financial Times LogoFinancial Times1 mo ago

Chinese state-owned company accused of endangering rare orang-utans

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But environmentalists have argued the dam is not needed and questioned whether the project was pushed through for political reasons to support China’s Belt and Road Initiative.

The acquisition could be “geopolitical”, said one environmentalist.“We question whether SDIC is involved because the Chinese state wants this.

The Batang Toru dam is considered part of China’s Belt and Road Initiative, one of Xi Jinping’s flagship foreign policy projects, designed to build infrastructure and win political influence around the world.


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Article Details

Author / Journalist: Oliver Telling

Category: MarketsFinanceInvesting

Topics: Project Sdic Listing Development Financial Power Road Chinese Company Initiative

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-19, 02:15:47

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 4 minutes read

Article Length: 718 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 535

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Publisher ID: #3

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