China to Extend Major Financial Support to Nepal

From the Hindustan Times:

Chinese ambassador to Nepal Qiu Guohong recently announced an increase in financial support to Nepal, though the details are still unknown. The announcement precedes a visit to Nepal by Chinese Foreign Minister Yang Jiechi, who has not yet visited Nepal and will lead a 15-member delegation for a three-day trip. In September, the Chinese announced military support for Nepal. Additionally:

The Chinese government has already connected Nepal with its optical fibre network and has announced to extend its railway network from Lhasa to Kathmandu immediately.

For more information on Nepal, please see the following China Digital Times articles:

Nepal to Deport Illegal Tibetans

China’s Nepal card

Elevate China-Nepal Ties to New High: Prachanda

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