China has begun construction on what is set to become the world's largest hydropower dam on the Yarlung Tsangpo (Brahmaputra) River in Tibet, with a staggering $167 billion investment.
The project promises a massive boost to China's clean energy capacity and green finance, potentially generating three times the electricity of the Three Gorges Dam. However, the dam has triggered alarm in downstream countries, especially India and Bangladesh, over water security, environmental impact, and regional stability. Critics also question China's transparency, human rights considerations, and the lack of consultation with affected communities.
The move has already influenced global markets, with surges in hydropower and construction-related stocks, while intensifying geopolitical rivalries in South Asia.
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