US, China face-off in Nepal over $500 mn US grant Sentinelassam


Source: sentinelassam.com sentinelassam.com

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KATHMANDU: A small Himalayan nation, Nepal, has been caught in diplomatic wrangling between two superpowers, the United State of America and China, over $500 million US grant to Nepal. Earlier this week, after Nepal delayed in ratifying the US aid in the Parliament, a senior US State Department official had warned that the US will force a review of its ties with Nepal if Kathmandu fails to ratify the grant under the Millenium Challenge Corporation. And now Kathmandu is witnessing violent protests everyday, particularly by Communist parties, against the American aid.On Friday, China accused the US of employing 'coercive diplomacy'...