China has begun construction on what is set to be the world's largest hydropower dam on the Yarlung Tsangpo (Brahmaputra) River in Tibet, with a projected cost of $167 billion.
The project aims to boost China's renewable energy capacity and green finance, but has triggered serious concerns in downstream countries, especially India and Bangladesh, over water security, environmental impact, and potential forced relocations. Critics warn the dam could disrupt the river's flow, affecting millions of people and biodiversity downstream.
While China touts the dam as a green energy milestone, neighboring nations fear it could be used as a geopolitical tool or 'water weapon.' The project has also sparked rallies in related stocks and is seen as a major economic and strategic move by Beijing.
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