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०५ शनिबार, जेठ २०८१17th April 2024, 11:33:48 am

Chinese policy towards Nepal

१७ सोमबार , बैशाख २०८१२० दिन अगाडि

Chinese policy towards Nepal

China's terrible Nepali policy - -

China wants to use Nepal in BRI's way anyway. He wants to get involved in loans for development. After the Tiktok ban, China has been able to use its influence to create pressure, criticism on social media, and public protests. After this, the Prachanda government has started to become softer.

Earlier, Congress's Sher Bahadur Deuba Prime Minister was like no entry to China. China's activities were decreasing. After Prachanda became the prime minister, China became active.

After the formation of the Maoist Prachanda government, Maoist Prachand says that a balanced policy will be taken with India and America. In other words, China will adopt a balance policy.China opened the Kerung and Yari border crossings which were closed after 2072. -Kodari-Nyalam (Tatopani-Khasa), Rasuwa-Kerung, Yari (Humla)-Purang, Olangchunggola-Riwu, Kimathanka- Riwu and Nechung (Mustang)-Lizi.) Trade between Nepal and China has started again through these borders. 7 border crossing points, Tiptala Pass in Olangchung Gola, Lengdup Pass in Kimathanka, Lapchi Pass in Lamabagar, Lajyang Pass in Gorkha Larke, Korla Pass in Mustang, Nagcha Pass in Mugu, Hilsa Pass in Humla have been relaxed.The cross-border railway feasibility study team from China has come to Nepal on the third day after Prachanda's government was formed. There are maximum military experts in this team. Obviously, the railway line will be studied from a military point of view.

Cross border railway is a tunnel. Nepal is also in the earthquake risk zone. Nepal, Tibet is at the height. Building a tunnel railway line in the mountains and under the mountains will be a very expensive plan in itself. Its feasibility study will be done in 42 months. Then the construction will start.

As soon as the railway study team arrived in Nepal, China's Acting Ambassador Wang Xin arrived at the inauguration of the Pokhara International Airport built by China on January 1, 2023 and announced that the expert team for the feasibility study and survey of the China-Nepal cross-border railway has arrived in Nepal. Nepal's dream of becoming a "land-lincked country" from a "land-locked country" will come true through the important stage of construction of "international road".

Acting Ambassador also made a surprising revelation - Pokhara International Airport is part of China's Belt and Road Initiative (BRI) project. By promoting BRI, Nepal has started getting fruitful results.

This fact was not known to Nepal until now.

Chinese Ambassador Chen Song has started to make interfering statements in Nepal's internal affairs in his interviews and other programs. It can be understood from this that China wants to provoke the Euro-American axis.

It is to be remembered that when Chinese President Xi Jinping visited Nepal in 2019, the 'Trans Himalayan Multifaceted Connectivity Network' was agreed upon.

Pokhara Airport was built with a loan of 21 million, 7 million dollars from China's Exim Bank. Of this, 75 percent will be charged 2 percent interest, while 25 percent will not have to pay interest.

Earlier, Gautam Buddha International Airport has been built in Lumbini by spending 76.1 million. This airport was built by Rijshalbuk Lychatjadhabhakat Riskhsh Bikhshbatshyal Bshchuychat Riyalkatchagaatshyal Nchayagau. Due to the involvement of China, India has not given an air route even to Pokhara Airport like Bhairahawa. If not, the investment of ADV and OPEC fund will be meaningless.

Prachanda even then, Prachanda is still Prime Minister, what a coincidence –

Nepal and China signed a Memorandum of Understanding (MoU) on the BRI in May 2017 under the leadership of then-Prime Minister Pushpa Kamal Dahal.

Nepal and China signed a Memorandum of Understanding (MoU) on the BRI in May 2017 under the leadership of then-Prime Minister Pushpa Kamal Dahal.

Lhasa-Sigatse-Kerung is the territory of China. China's Kerung-Nepal Rasuwagadi, Rasuwagadi-Kathmandu railway study has started. There is also a future plan to connect Pokhara and Lumbini from Kathmandu. Of the 170 km from Kerung-Kathmandu, Rasuwagadi-Kathmandu will be 72 km towards Nepal. A total of 599 km from Lhasa-Kathmandu, 527 km will be to China.

China has said that this railway will be built under BRI.

This ambitious plan will cost 8 billion dollars.

China will not subsidize investment. Is a lender. How can Nepal pay the debt and interest of such a large Chinese investment?

Nepal's export trade is worth 5 million, while its import is worth 1.7 billion. China is ready to import 10,000 types of goods duty-free, but Nepal can neither produce nor export. Nepal is India's largest market.

Is Sri Lanka a victim of Chinese debt trap ?

Many questions have already been raised about the risk of earthquakes, damage to nature, and environmental impact when constructing under this himalayan, mountain tunnel railway. 

Sri Lanka built the Hammantota port on loan from China. This port has been handed over to China for 99 years after not being able to pay debt and interest. China has invested 12.1 billion dollars.

Today's international question is, Is Sri Lanka a victim of Chinese debt trap ?

Nepal is a landlocked country. Nepal has become a parasitic, dependent country. Nepal cannot increase trade with China on a large scale to pay for investment. Nepal is a country that runs its budget by exporting boys and girls as a labours. Nepal is taking loans to run the administration also. After China huge invests in connecting the railway line to Kathmandu, if the investment sinks, Will Kathmandu be leased to China like Hambantota?

In that situation, where will Nepal's policy and existence reach?

Nepal should think twice before taking a loan from China - how to pay the loan?

The government of Maoists should say – is Nepal ready to become Sri Lanka?

Conclusion:

For Nepal, it is necessary to pay attention to the subsidy policy until the situation of industry and trade improves.

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