Politics7/29/2025Bloomberg

Xi Ties His Legacy and China’s Economy to $167 Billion Dam

The article discusses China's massive $167 billion dam project, which is seen as a significant part of President Xi Jinping's legacy and efforts to boost China's economy and energy security. The dam, located on the Yangtze River, is the world's largest hydropower project and a crucial part of China's plan to transition towards cleaner energy sources. The project is also viewed as a means for the Chinese government to exert greater control over a river that is vital to millions of people in the region. The article highlights the economic and political implications of the dam project, noting that it is a major stimulus effort to bolster China's slowing economy. Additionally, the dam is seen as a strategic move to enhance China's energy independence and reduce its reliance on fossil fuels. The article suggests that the dam project is closely tied to President Xi's political legacy and his vision for China's future development, underscoring the significance of this massive infrastructure undertaking for both the country's economy and the government's long-term priorities.

Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.

Source: BloombergAI-generated summary
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