China has begun construction on what will be the world's largest hydropower dam on the Yarlung Tsangpo (Brahmaputra) River in Tibet, a $167 billion project set to dwarf the Three Gorges Dam in both scale and output.
While the dam is touted as a major step toward clean energy and economic stimulus, it has triggered alarm in neighboring India and Bangladesh over potential impacts on water security, river flow, and the environment for millions downstream. The project has also fueled a surge in hydropower and construction-related stocks, reflecting market optimism about green infrastructure. However, critics highlight the lack of transparency, consultation, and environmental safeguards, raising concerns about regional stability and ecological risks.
The dam's construction marks a new chapter in the geopolitical rivalry over transboundary water resources in South Asia.
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