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, located near the border with India, has raised serious concerns in India and Bangladesh about potential impacts on water flow, agriculture, and the environment for millions downstream. While China touts the project as a major step toward renewable energy and green finance, critics warn of environmental risks, lack of transparency, and insufficient consultation with affected communities. The move has also triggered a surge in related stocks and is seen as a strategic play in regional geopolitics.
Despite reassurances from Chinese officials, neighboring countries remain wary of the project's long-term consequences.
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