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 both size and output. The dam is expected to generate massive amounts of renewable energy and boost China’s green finance sector, but it has triggered alarm in neighboring India and Bangladesh over potential impacts on water security and downstream ecosystems. Critics also raise concerns about the lack of transparency, environmental risks, and the absence of consultation with affected communities. The project has caused a surge in Chinese hydropower and construction stocks, but regional tensions and environmental debates continue to intensify. As China pushes ahead, the dam is seen as both a symbol of engineering ambition and a flashpoint for geopolitical and ecological disputes in Asia.
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