China Three Gorges subsidiary banned from World Bank projects

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The World Bank has barred China International Water and Electric Corporation (CWE) from its projects for three years for misconduct in Africa and Southeast Asia. The World Bank banned CWE and its affiliates following an investigation by the Bank into allegations of sanctionable practices involving the company in a hydropower project in Africa and a roads project in Southeast Asia.

Read the story by Toh Han Shih in South China Morning Post (subscription req’d).

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