India watches warily as China further ramps up FDI into Nepal
NEW DELHI: China’s influence in Nepal+ ‘s economy continues to grow by leaps and bounds with Beijing again topping the list of nations who have pledged maximum FDI into the Himalayan nation.
According to Nepal government figures, China accounted for as much as 68 per cent of all FDI pledged for Nepal in the first half of current fiscal year.
This is a massive jump from China’s 40 per cent share of the total FDI pledged for Nepal by various countries in 2015-16.
According to Nepal’s Department of Industry, China accounted for $51.77 million out of a total of $76.39 million FDI pledged for Nepal in the first half of the current fiscal year. This has further cemented China’s position as top contributor of FDI for Nepal.
ABra Ka Dabra
China is creating banana states in the countries throughout world, especially in Asia and Africa by using their poverty and lack of strength. It is part of the grand chinese imperialist hegemony planned by them. India cannot match china in terms of money or power in short term, but yes we can definitely stand by our own and and resist Chinese agression like we have done throughout our history while continuously working to turn the tide in our favor.
China is next super power. Be care full.
money doesn”t make a nation super power
china closest allies are north korea & Pakistan
rest they are trying to buy thru money & investments
China is Paper Tiger. it has developed itself by stealing technologies from US. Now trump is there you see the monkey dance of China now.
Lol….India cannot match China in terms of money or power in short term….why short term…even in long term. India cannot dream of becoming a power on the graveyards of SC/ST.
65 rule of Corrupt Congress rule ruined India. We had the slowest growth rate, while dictator China was galloping in growth. Today China GDP is11 trillion USD vs India 2 trillion USD. Who is to blame, except the foolish illiterate people, who voted the Congress, as it gave more welfare measures, before every election?
Population is the only respect in which India competes with China. Military might, technology, economy are areas where China is light years ahead of India. There is no POINT in India repeatedly comparing itself with China.
India has to think out of the box. India has to bring Russia, USA,Japan, Israel together to contain China.
Nepal policy and dealing with them in the last two years was India’s biggest failure. To lose a long-tern strategic and natural ally like Nepal is one of the dumbest moves by Modi.