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http://m.hindustantimes.com/world-n...-market/story-utmY6zKXG8UQ2lIEg7J35I_amp.html
With an investment of $ 8.3 billion this year alone in Nepal, the Chinese are coming in a big way to the Himalayan country which they see as a potential gateway to South Asia because of its open border with India.
Chinese aid, according to Nepalese officials, comprises grants, interest-free loans and concessional loans. There is also direct assistance from Beijing to Kathmandu to execute security and military projects, while the government of the Tibet Autonomous Region provides project-based support to districts along Nepal’s northern border.
With an investment of $ 8.3 billion this year alone in Nepal, the Chinese are coming in a big way to the Himalayan country which they see as a potential gateway to South Asia because of its open border with India.
Chinese aid, according to Nepalese officials, comprises grants, interest-free loans and concessional loans. There is also direct assistance from Beijing to Kathmandu to execute security and military projects, while the government of the Tibet Autonomous Region provides project-based support to districts along Nepal’s northern border.