Pushpa Kamal Dahal "Prachanda who is seen as pro-China, has in the past said a new understanding with India needed to be developed on the basis of a "changed scenario" in Nepal and after addressing all outstanding issues, like a revision of the 1950 Friendship Treaty and resolving Kalapani a
Ahead of the inauguration of Nepal's new Pokhara airport, in a surprise announcement on Saturday, the Chinese Embassy in Kathmandu tweeted, "This (Pokhara airport) is the flagship project of the China-Nepal Belt and Road Initiative (BRI) cooperation."
Southeast Asian countries have resiliently withheld China's attempts to economically breach their sovereignty and have harnessed the power of China's financial might to their own advantage, reported The Singapore Post.
China's ambitious project, Belt and Road initiative, started in 2013, has started with the aim of making better use of Chinese excess industrial capacity and capital but in reality, it is impacting biodiversity spots, endangering several threatened species, and even causing droughts.
Speaking at a seminar organized by the Center for Centre for Social Inclusion and Federalism, the panelists said that Nepal needs to do better negotiations with China while executing projects under the BRI.
India's intensified interest in Chabahar has the potential to partly counter China's massive Belt and Road Initiative (BRI) infrastructure project, reported Asian Lite International.
The World Bank has in its latest report on Djibouti, stated that in 2022, Djibouti's debt servicing costs tripled to USD 184 million from USD 54 million in 2021. A further increase to USD 266 million has been predicted for 2023.
Chinese Embassy in Male has now responded to Maldives' denial to participate in the "China-Indian Ocean Forum on Development Cooperation" which was held on November 21 and called the action "regrettable."
Maldives Ministry of Foreign Affairs on Sunday denied participating in the "China-Indian Ocean Forum on Development Cooperation", held on November 21, 2022.
"I would suggest that let this be a cooperation between China, Pakistan, and Turkiye. This would be a wonderful joint cooperation ... This is how we can meet the challenges of today," Sharif was quoted as saying by the Dawn newspaper.