Chinese investment in Nepal faces resistance as it harms Nepali interests, benefits only Beijing: Report


Source: indiapost.com indiapost.com

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Chinese investment in Nepal faces resistance as it harms Nepali interests, benefits only Beijing: Report BEIJING: Chinese investment in Nepal faces resistance from the local population , as many see Beijing’s promises regarding infrastructure advancement harming the Nepali interests, and benefitting only China, a news report said. According to The Singapore Post, the challenges faced by Chameliya Hydropower Project, which was constructed by China in Nepal’s Darchula district, includes delays in the execution of the project, leading to huge cost overruns. The 30 MW Chameliya Hydropower Project, constructed by China, is one of the most costly projects executed. “The run-of-the-river...