A Massive Dam in Tibet Will Do More for China’s GDP Than for Its Power Supplies
The nation plans to build a hydropower project in the Himalayas with more capacity than all of Poland.
A section of the Yarlung Tsangpo River in Tibet, where China plans to build a massive dam.
Photographer: Li Lin/China News Service/VCG/Getty Images
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Welcome to our guide to the commodities markets powering the global economy. Today, China-based energy reporter Dan Murtaugh says a massive dam project in Tibet will deliver clear economic benefits, but the energy bonanza is murkier.
China is embarking on one of the biggest and most expensive infrastructure projects in history to provide more clean power to its grid. But the more meaningful impact, at least in the short term, may be the way it props up an ailing economy.