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 designed to generate massive amounts of renewable energy, but its location on a river that flows into India and Bangladesh has triggered serious concerns about water security, environmental impact, and regional stability. India and Bangladesh fear the project could disrupt water flow and affect millions of people downstream, while environmentalists warn of potential ecological damage and lack of transparency in planning. The project is also expected to boost China's green finance and hydropower industries, driving up demand for construction and metal stocks.
Despite assurances from China that downstream countries will not be affected, the dam has become a flashpoint in regional geopolitics and environmental debates.
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