Print This Post
18 December 2014, Bloomberg

China Breaks India Monopoly on Nepal Economy as Investment Grows

Akshay Mathur, Head of Research and Geopolitics Expert, Gateway House, has been quoted in an article on Chinese investment in Nepal. This article has been published by Bloomberg

post image

In the dusty outskirts of Kathmandu, south of the Himalayan mountain range that holds the world’s highest peaks, Chinese engineers in orange hard hats oversee construction of Nepal’s first eight-lane highway.

The $45 million upgrade of a road circling the Nepalese capital is one of dozens of projects helping China challenge India’s dominance in a country that is sandwiched between them. Until recently, the Himalayas served as a natural barrier that prompted Nepal to trade more across its flat border with India.

CLICK HERE TO VIEW FULL REPORT