Jing Jin and Alfred Cang

Updated Jul 22, 2025 – 1.30pm, first published at 11.49am

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China’s leaders are hopeful construction of the world’s largest hydroelectric dam will inject massive stimulus into the faltering economy and boost clean power, despite potential damage to biodiversity and the impact on relations with neighbour India.

Chinese Premier Li Qiang announced on Monday that building has started on the 1.2 trillion yuan ($256 billion) dam on the Tibetan Plateau, which is expected to be at least three times larger than the controversial Three Gorges Dam on the Yangtze River.

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Bloomberg and Reuters