China says it will spend US$15 billion over five years to fix ‘sick and dangerous' dams
Beijing plans to spend 100 billion yuan (US$15.2 billion) over the next five years to reinforce more than 8,000 problematic reservoirs across China, after thousands were damaged or destroyed in this year's devastating floods.Of the country's 98,000 reservoirs, 200 large or medium-sized ones and more than 8,000 smaller dams are “sick and dangerousâ€, according to Ye Jianchun, vice-minister of water resources.“Most of our reservoirs were built during the period from the 1950s to the 1970s,†Ye…