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Nepal seeks to benefit from China's development

By Ding Gang (People's Daily)

14:55, January 06, 2012

Edited and translated by People's Daily Online

Nepal is a landlocked country roughly rectangular in shape, with a long east-west border line and a short north-south border line. It is sandwiched between China and India.

Almost all of Nepal’s imports are first shipped to India’s Calcutta, and then transported to the landlocked country on land. Its economic lifeline is partially controlled by India, which makes the Nepalese people feel helpless from time to time.

“Nepal’s economy is too heavily dependent on India. It would be fantastic if there are more roads linking Nepal and China,” almost every one in Nepal interviewed by the People’s Daily said.

China provides assistance to promote Nepal’s development

Due to Nepal’s special position, both India and China have provided great assistance to the country. Nepal itself also relies heavily on foreign assistance for economic growth, with more than 20 percent of its national budget being foreign donations and loans.

In recent years, China has provided about 200 million yuan in non-reimbursable assistance to Nepal each year, and India has provided more than 80 million U.S. dollars in assistance to the country each year.

India and China have taken different approaches to aiding Nepal. Krishna Bahadur Mahara, foreign affairs chief at the Unified Communist Party of Nepal (Maoist), said that China has spent most of its financial assistance on projects such as hydropower stations and roads that are conducive to Nepal’s development, while India has provided assistance directly to grassroots organizations.

In addition, India has often made donations via Indian Nepalese business people to increase the popularity of India among local residents. For historical reasons, most of super-rich Nepalese people are of Indian descent, and they often carry out similar philanthropic projects to enhance the influence of India.

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  1. Name

PD User at 2012-01-1349.244.19.*
all we are friend . no mater which country we are,, that is true there is problem with government .. lets leave and live other...
Chinhomiah at 2012-01-11180.129.116.*
China will always treasure the friendship that Nepal has shown to the country. This is particularly true in the area of ensuring that pro-Dalai Lama Tibetan refugees do not undertake anti-China activities from inside Nepal, such in the year 2008. The Western media, as we all know, too often distort the truth. In 2008, CNN accused China of ill-treating Tibetan refugees when in reality it was Nepalese police doing their job of ensuring that these refugees do not, in carrying out their nefarious activities, undermine the good relations between China and Nepal.
PD User at 2012-01-11182.72.150.*
See what chinese have managed to do. Got the Indians and Nepalese fighting. They are the masters at this art. Pls dont fall for this. This article itself was not called for at first place. As someone once rightly said. We cannot pick our neighbours so we need to live with them.
PD User at 2012-01-11221.127.45.*
20% of India"s population have done well riding on the back of the impressive growth in the economy.80% of the population have however been left out. The Indian press is largely owned by big money and lives on sensationalism, catering to the fortunate 20%. The Indian press is not a reliable source for understanding India, the exception is the Hindu published in Chenai, previously called Madras.
PD User at 2012-01-1059.178.175.*
yes true..."India is not wealthy enough to solve their own problems". Nepal is the wealthiest country in this world...and India the poorest...good joke...
  

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