Why are damming projects a popular investment for China?
China wants to reduce its dependence on polluting fossil fuels like coal. China is still heavily dependent on coal for electricity generation to meet the ever-increasing energy need of the country. The country wants to invest in damming projects to promote hydraulic power projects and generate hydraulic power. Hydraulic power is a great source of clean energy and it is crucial for the future of the Chinese economy. This is the reason China is heavily investing in hydraulic power projects and damming. These projects would yield high returns to the country in the near future.
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