The country sits upstream of many of the rivers that sustain India, Pakistan, Bangladesh and much of Southeast Asia. The Tibetan Plateau is the source of the Brahmaputra, Indus, Sutlej, Mekong, Salween, Yangtze and Yellow rivers. A 2020 report published by an Australia-based think tank noted that China’s control over rivers in the Tibetan Plateau effectively gives it a chokehold on India’s economy. Of the five countries along the Himalayan arc, only Nepal and Pakistan have opened their hydropower sectors to Chinese state capital and contractors. India prohibits Chinese investment, technology and engineering firms in its hydropower sector, a restriction rooted in the unresolved border dispute and hardened after the 2020 clashes in Ladakh. Bhutan has no formal diplomatic ties with Beijing.