China Launches Controversial Mega-Dam Project in Tibet, Worth $167 Billion

Chinese Premier Li Qiang launched construction of a mega-dam project in Tibet with a total investment of $167 billion. The project, called China Yajiang Group, consists of five cascade dams and will generate power mainly for outside consumption. The dam could become a source of tension between China and India, as the Yarlung Tsangpo river runs through disputed territory. Environmentalists have expressed concerns about the project's impact on the area's biodiversity.