Why is Nepal investigating the new international airport made by China?

Source: indianexpress.com indianexpress.com

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Written by Daisuke Wakabayashi, Bhadra Sharma and Claire Fu As developing countries weigh the consequences of borrowing heavily from China for major infrastructure projects, anti-corruption officials in Nepal have begun an investigation into a flagship airport financed and built by Chinese state-owned companies. Nepal’s $216 million international airport in Pokhara, the country’s second-biggest city, opened in January. China agreed to provide loans to build the airport more than a decade ago. Nepal tapped China CAMC Engineering, the construction arm of a state-owned conglomerate, Sinomach, as the contractor. Advertisement The airport has failed to attract any regular international flights, raising concerns...