China has begun construction on what is set to 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 and Bangladesh, has raised significant concerns about water security, environmental impact, and the potential displacement of local communities. India and Bangladesh fear the project could affect water flow downstream, impacting millions of people and regional stability. While China touts the dam as a major step toward renewable energy and economic growth, critics highlight the lack of transparency, consultation, and potential ecological damage.
The project has also triggered a surge in hydropower and construction-related stocks, reflecting its massive economic footprint.
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