5 days ago
China Moves Ahead With $167 Billion Tibet Mega-Dam Despite Risks
The massive economic stimulus and boost to clean power from a 1.2 trillion yuan ($167 billion) mega-dam in Tibet has proven alluring enough to Chinese leaders to outweigh concerns about potential damage to biodiversity and relations with India.
Chinese Premier Li Qiang launched construction of the hydropower project on the lower reaches of the Yarlung Tsangpo river on Saturday, and unveiled the China Yajiang Group, a new company that will be charged with managing the dam's development, according to the official Xinhua News Agency.
