China has begun construction on what is set to become the world's largest hydropower dam on the Yarlung Tsangpo River in Tibet, with a projected cost of $167 billion.
The project, which aims to surpass the Three Gorges Dam in scale and output, is part of China's push for renewable energy and economic growth. However, the dam has triggered significant concerns in downstream countries, especially India and Bangladesh, over potential impacts on water security, environmental degradation, and the displacement of local communities. The move has also fueled a surge in hydropower and construction-related stocks, while raising questions about regional cooperation and China's approach to environmental and human rights issues.
Despite reassurances from Chinese officials, skepticism remains high among neighboring nations and environmental groups.
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