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 generate three times more electricity than the Three Gorges Dam. While China touts the dam as a major step toward renewable energy and green finance, the project has triggered alarm in downstream countries India and Bangladesh, who fear it could threaten their water security and disrupt the river’s ecosystem. Environmentalists and human rights advocates have also raised concerns about the lack of transparency, consultation, and potential displacement of local communities. The dam is expected to reshape energy dynamics in Asia, boost Chinese infrastructure and hydropower stocks, and intensify geopolitical tensions over transboundary water resources. Despite reassurances from Chinese officials, skepticism remains high among neighboring nations and global observers.
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