China has begun construction on what will be the world's largest hydropower dam on the Yarlung Tsangpo River in Tibet, a $167 billion project that could surpass the Three Gorges Dam in scale and output.
The dam is intended to boost China's renewable energy capacity and support its green finance ambitions, but it has triggered significant concerns in downstream countries, especially India and Bangladesh, over water security, environmental impact, and regional stability. Critics warn of potential ecological damage, disruption to millions of people, and lack of transparency or consultation with affected communities. The project has also led to a surge in related stocks and is seen as a major economic and strategic move by China.
Despite reassurances from Chinese officials, neighboring countries remain wary of the dam's long-term consequences.
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