High Expectations As China's Xi Lands In Nepal
The Diplomat
- Xi Jinping visited Kathmandu on Oct 12
- First state visit by Chinese head of state since 1996, when Jiang Zemin visited
- Nepali govt. hopes to sign a number of Belt and Road Initiative (BRI) deals around infrastructure
- China's BRI activities in Nepal have so far lagged behind its investments in other South Asian countries like Bangladesh, Sri Lanka and Pakistan
- Nepal's ruling NCP (Nepalese Communist Party) unveiled a slate of 11 infrastructure projects for consideration
- Primarily transportation and hydropower focused
- Signature project is a railroad from Kathmandu to the Chinese border
- Nepali govt. does not agree with characterization of BRI as a debt trap
- NCP sees Chinese investment as being key to boosting Nepal's lagging economy
- Infrastructure links to China will serve as an important hedge against Indian hegemony
- India has blockaded Nepal three times in the past
- 1962
- 1989
- 2015 (unofficial)
- Nepali public has warm feelings towards China and is deeply suspicious of India
- "China makes everything; only petrol comes from India"
- Nepalis are well aware that they are a landlocked country and are dependent on their neighbors for access to global trade
- NCP also feels that China offers development aid on more generous terms (i.e. less pressure for reform) than the West