Win-Win Situation For China-Nepal
BUSINESS ECONOMICS|November 1-15, 2019
The recent visit of Xi Jinping, the President of China, to Nepal can be a game-changer for the small Himalayan nation.
Kuntala Sarkar

Before this, Jiang Zemin was the last Chinese President to visit Nepal in 1996. The two countries signed several agreements on infrastructure projects. The present government in Nepal, led by KP Sharma Oli, is maintaining a pro-China stance.

Nepal’s gain from the pact

Nepal and China signed 18 Memorandum of Understandings (MoUs) and two letters of exchange for sectors like transport, agriculture, industry and commerce. China announced extensive support for various connectivity projects between the two countries. Xi was quoted as saying, “We want to support Nepal in realising its dream to become a land-linked country from a landlocked country.”

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM BUSINESS ECONOMICSView All

IT sector boosts employment after sluggish growth

India is the largest off-shoring destination for Information Technology (IT) companies across the world.

3 mins read
BUSINESS ECONOMICS
January 16-31, 2020

Indian handicrafts need new vision to compete globally

High-quality handicraft goods

10+ mins read
BUSINESS ECONOMICS
January 16-31, 2020

AHSI hosts Bicentennial Flower Show and World Regional Rose Convention 2020

The Agri Horticultural Society of India (AHSI) recently celebrated its bicentenary year by hosting the Bicentennial Flower Show and the World Regional Rose Convention 2020.

2 mins read
BUSINESS ECONOMICS
January 16-31, 2020

Threat Of A Third World War?

Renewed tension in West Asia forebodes a troubled 2020.

3 mins read
BUSINESS ECONOMICS
January 16-31, 2020

Railways Financial Stress: Is Economic Slowdown The Main Reason?

The Indian Railways (IR) has been going through a rough financial patch for the last few years.

4 mins read
BUSINESS ECONOMICS
January 16-31, 2020

US-Iran Hostility: India Feels Heat Of Crude Oil Price Hike

The geopolitical tension triggered by the killing of Iranian Islamic Revolutionary Guards Corps’ (IRGC) top military leader Qasem Soleimani and the subsequent retaliatory missile attacks on American military bases in Iraq by Iran has brought many countries including India to the edge.

3 mins read
BUSINESS ECONOMICS
January 16-31, 2020

Landmark Judgements To Stop Animal Cruelty

Some of our judges are now beginning to understand what animal cruelty does to a nation and act on it.

4 mins read
BUSINESS ECONOMICS
December 1-15, 2019

Opportunities And Challenges In The Aviation Sector

The Bharat Chamber of Commerce organised a national seminar and an exhibition on the ‘Indian Aviation Sector: Opportunities and Challenges’ at the Park Hotel, Kolkata. The prospects of private participation in maintenance, overhaul, and repair were discussed.

2 mins read
BUSINESS ECONOMICS
December 1-15, 2019

India Needs To Learn A Lesson From Brexit

The verdict given by the people of the United Kingdom in 2016 in favour of quitting the European Union (EU) is popularly known as ‘Brexit’. People who voted for Brexit argued that it was because of the adoption of erratic neo-liberal policies that had led to livelihood crises.

3 mins read
BUSINESS ECONOMICS
December 1-15, 2019

US-China Trade War Continues: Global Implications

The ongoing US-China trade war had its origin in 2012. It began then as a “cold war”, well before Donald Trump became the US President.

3 mins read
BUSINESS ECONOMICS
December 1-15, 2019
RELATED STORIES

Reincarnation And Realpolitik

China, India, and the U.S. are vying to influence the selection of the next Dalai Lama

5 mins read
Bloomberg Businessweek
April 19, 2021

DEADLY WUHAN COVER-UP!

U.S. health officials untangling how virus escaped secret bio lab

4 mins read
National Enquirer
April 19, 2021

BINANCE'S CHANGPENG ZHAO: “I'm not using crypto to buy fiat, I'm not using crypto to buy houses. I just want to keep crypto ”

Changpeng Zhao, 44, has spent his life trying to overcome borders. As a child growing up in China, he waited for years until his family could win permission to see his father in Canada, then pursued a career (including a few years at Bloomberg LP) that took him around the world.

10+ mins read
Bloomberg Markets
April - May 2021

An Exclusive Interview With Nandakumar Narasimhan

The Little Red Train

10+ mins read
Lens Magazine
March 2021

US, CHINA CONSULTED ON SAFETY AS THEIR CRAFTS HEADED TO MARS

As their respective spacecrafts headed to Mars, China and the U.S. held consultations earlier this year in a somewhat unusual series of exchanges between the rivals.

1 min read
Techlife News
Techlife News #492

CHINA CUTS TAXES TO SPUR SEMICONDUCTOR DEVELOPMENT

China announced tax breaks this week to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting offaccess to American processor chips for tech giant Huawei and some other companies.

1 min read
AppleMagazine
AppleMagazine #492

A Room for Dad

Before Mom passed, I made a promise to her

8 mins read
Guideposts
April 2021

CYBER ATTACK TIED TO CHINA BOOSTS DEVELOPMENT BANK'S CHIEF

The cyberattack crested just as finance officials from across Latin America were descending on Washington to commemorate the 60th anniversary of the Inter-American Development Bank.

7 mins read
AppleMagazine
AppleMagazine #491

THE DANGAL IN THE JUNGLE, PART 1

YOU KNOW YOU’RE SOMEBODY WHEN YOU’VE APPEARED ON AN INDIAN DANGAL POSTER — IN OTHER WORDS, IN A WRESTLING ADVERTISEMENT.

6 mins read
Black Belt
April/May 2021

WOUNDS AND THE WOMB

JULIE PETERS explores how to heal a relationship with the sacred womb, a place of death, life, and possibilities.

8 mins read
Spirituality & Health
Mar/Apr 2021