Publication: China Brief Volume: 21 Issue: 5
March 15, 2021 02:23 PM
Age: 3 weeks
Image: Chinese President Xi Jinping attends a welcome ceremony held by Nepali President Bidya Devi Bhandari upon arriving in Kathmandu for a state visit on Nepal 12, 2019. Xi was the first Chinese president to visit Nepal in over 20 years. (Image source: Xinhua)
Introduction
Commonly held economic theory generally suggests that foreign aid benefits the recipient. But so far, China’s bilateral relations with Nepal which are based upon generous pledges of foreign direct investment (FDI) have created a power imbalance. China’s outsized influence in Nepal was most recently highlighted by overt Chinese involvement in a recent constitutional crisis that split the ruling Nepal Communist Party (NCP). A week after Prime Minister Khagda Prasad Sharma Oli dissolved the Parliament on December 20, a delegation led by Guo Yezhou, vice minister of the Chinese Communist Party (CCP) International Liaison Depart
As political crisis in Nepal deepens, India-China tug of war over Hindu nation set to intensify – Indian Defence Research Wing idrw.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idrw.org Daily Mail and Mail on Sunday newspapers.
As political crisis in Nepal deepens, India-China tug of war over Hindu nation set to intensify With China keeping no secret about its influence on Nepal politicians, India is unlikely to hold back in ensuring Kathmandu remains an ally and part of its sphere of influence. FP Staff December 25, 2020 07:30:20 IST File image of Prime Minister Narendra Modi with Khadga Prasad Sharma Oli. Reuters
A tug of war has been underway between India and China over Nepal, India s neighbour to the north, whose unique position has the rival economies vying for its attention.
While Beijing sees Nepal as a bulwark against the international movement targeting China , for New Delhi the Hindu nation is important for the region s security, a buffer, so to speak, against China, and to maintain its sphere of influence.