Burmese President Thein Sein burnished his perception as a reformist last week by suspending one of the country's largest -- and potentially most destructive -- foreign investment projects. The Myitsone hydro-electric dam, the largest of seven dams to be constructed by the Beijing-controlled China Power Investment Corporation, would have flooded an area of more than 700 square kilometers, and displaced tens of thousands of villagers in northern Kachin State, close to the state capital of Myitkina. Several thousand have already been displaced by the first dam, built to provide the electricity for the larger ones in the series.