Page 39 - Chinese Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China has been playing a long game to establish its hegemony in the South Asia region. Inflicted by the Middle Kingdom complex, it views the world as an arran

China has been investing heavily in Nepal's infrastructure, leading to the country's growing reliance on Chinese financing.

Recently inaugurated Pokhara International Airport has come up with a USD 215 million loan from the Chinese EXIM Bank. The terms for this financing are highly adverse for Nepal's economy. The rate of interest charged on this loan is 2 per cent, much higher than what other multilateral lenders such as the World Bank and Asian Development Bank (ADB) charge, hovering around 0.25 to 0.75 per cent. In contrast to these multilateral institutions which offer a payback term extending up to 40 years, the Chinese loan can be availed only with a payback deadline of a maximum of 15 to 20 years, Pardaf...

This report addresses two widely held beliefs about the nature of China’s engagement in the Middle East and North Africa (MENA) that ought to be revisited in light of notable developments.

Protests have burst out spontaneously in a number of Chinese cities. Dissatisfaction with the government zero-tolerance COVID strategy appears to be the prima