China stocks climbed to an eight-month high on Tuesday, while Hong Kong shares extended gains to a multi-year peak, driven by construction and power firms after work began on a major dam project in Tibet,

China may have just initiated a water war with India. How? It has begun work on the controversial dam on the Yarlung Tsangpo in Tibet, known as the Brahmaputra River in India. Once completed, it will be the world’s biggest dam.