9 June 2025

Catastrophe on the Roof of the World



It is impossible to know the full extent of China’s destruction of the Tibetan Plateau, not least because the area is off limits to international observers. But there is no doubt that the region’s ecosystem is becoming increasingly fragile, with far-reaching social, environmental, and geopolitical consequences.

TOKYO – The Tibetan Plateau is home to vast glacial reserves, which amount to the largest store of fresh water outside the Arctic and the Antarctic. It is also the source of ten major Asian river systems – including the Yellow and Yangtze rivers of mainland China, the Mekong, Salween, and Irrawaddy rivers of Southeast Asia, 

and the Indus and Brahmaputra of South Asia – which supply water to nearly 20% of the global population. And, now, it is the site of a slow-burning environmental calamity that is threatening the water security, ecological balance, and geopolitical stability of the entire Asian continent.

STEPHEN S. ROACH thinks pursuing a global minimum tariff while also penalizing China increases the risk of a global recession.

For over two decades, China has been engaged in an aggressive and opaque dam-building spree, centered on – though not limited to – the Tibetan Plateau. Yet China’s government has refused to negotiate a water-sharing treaty with any of the downriver countries, which must suffer the consequences of their upstream neighbor’s whims.

Already, Chinese-built mega-dams near the Plateau’s border have brought water levels in the Mekong River to unprecedentedly low levels, with devastating effects on fisheries and livelihoods across Cambodia, Laos, Thailand, and Vietnam. As the Mekong Delta in southern Vietnam retreats – driven partly by Chinese dams – rice farmers are being forced to abandon their traditional livelihoods, instead farming shrimp or growing reeds.
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