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Posts tagged as “China”

Chinese arrive for rail feasibility study

by Anil Giri in The Kathmandu Post, Dec 28, 2022A day after Prime Minister Pushpa Kamal Dahal’s assumption of office, a six-member Chinese technical team landed in Kathmandu on Tuesday to carry out a feasibility study of the Nepal-China cross-border railway. Dahal, the CPN (Maoist Centre) chairman, heads a coalition of two biggest leftist parties and others. The China Railway First Survey and Design Institute Group will carry out the feasibility study via a Chinese…

Nepal-China ties get a ‘happy’ boost with new leftist PM, but India and US wary

by Kunal Purohit in SCMP, 28 Dec 2022The rise of a veteran Maoist leader to become Nepal’s new prime minister is likely to inject “more momentum” into the country’s China ties while also checking American influence in the region, analysts said, after communist parties came together on Sunday to oust the previous US-aligned government. Pushpa Kamal Dahal, more popularly known as Prachanda – meaning fearless – ditched his alliance partner the Nepali Congress (NC) to…

Kerung-Kathmandu rail: China offers feasibility deal, Nepal stalls

by Anil Giri in The Kathmandu Post, Dec 18, 2022 China has officially proposed that Nepal sign a letter of exchange in order to carry out a feasibility study of the Nepal-China cross-border railway. The Chinese Embassy in Kathmandu sent a letter to the Ministry of Foreign Affairs in the third week of November—a letter also addressed to the Ministry of Finance—and sought the government’s approval for the accord’s signing. But officials said that as…

China urges citizens to leave Afghanistan after Kabul attack

AP report in Pakistan Today, Dec 14, 2022ISLAMABAD: China on Tuesday advised its citizens in Afghanistan to leave the country “as soon as possible,” following a coordinated attack by Islamic State militants the previous day on a Chinese-owned hotel in the heart of Kabul. The Chinese advisory appeared to be a setback for Afghanistan’s Taliban rulers who seek foreign investments in hopes of halting the downward spiral of the Afghan economy since their takeover of…

China ‘shocked’ by attack on Afghan hotel

AFP report, Dec 14, 2022KABUL: China said on Tuesday it was “shocked” by a deadly attack on a Kabul hotel popular with Chinese business visitors, adding that five of its nationals were wounded. The Afghan Taliban claim to have improved security since storming back to power in August last year but there have been scores of bomb blasts and attacks, many like this one claimed by the local chapter of the Islamic State group. “This…

Govt still to pay USD 554.33M to H’tota Port Developers

By Siochana Ramiah Mohan in Ceylon Today, Dec 10, 2022The Government of Sri Lanka (GoSL) has still to pay USD 554.33 million or RMB Yuan 673.43 to the developers of the Hambantota Port, China Harbour Engineering Company (CHEC) through Exim Bank of China and the loan servicing is being carried out by the General Treasury. On the question of what the SLPA’s 15 per cent stake, in money terms, earned annually under the leasing agreement,…

China, Saudi Arabia Pledge to Increase Afghan Security, Stability

report in ToloNews, Dec 10, 2022 at- 8:18 PMIn a joint statement issued on Friday after meetings between the two countries’ leaders in Riyadh, China and Saudi Arabia emphasized the importance of preventing Afghanistan from becoming a haven for terrorists. According to the statement, Beijing and Riyadh are working to improve security and stability in Afghanistan and will help to provide humanitarian aid to this country. “Regarding Afghanistan, the two sides stressed the importance of…

Beijing Following Afghanistan’s Security Situation

by Nazir Shinwari in ToloNews, Dec 9, 2022 at 09:00 PMBeijing is closely following Afghanistan’s security situation and it will continue to support Afghanistan’s efforts to combat terrorism, the Chinese foreign ministry said. Speaking at a press conference, Mao Ning, spokeswoman for China’s ministry of foreign affairs, said that Beijing strongly condemns the recent attacks and is firmly against all forms of violent terrorist activities. “We extend sympathies to the people who were injured in…

Chinese Govt asked Sri Lanka to speak to Exim Bank on debt, says Ranil

report in The Morning, , Dec 6, 2022President Ranil Wickremesinghe, addressing the inauguration of the Sri Lanka Economic Summit yesterday (5) in Colombo, said that China has requested Sri Lanka to speak to the Export-Import (Exim) Bank of China in connection with ongoing debt restructuring process for the purpose of accessing the International Monetary Fund’s (IMF) bailout programme. He reiterated that Sri Lanka has commenced debt restructuring talks with China. The President also noted that…

Islamic Emirate Seeks China’s Cooperation for Wakhan Trade Route

by Bibi Amina Hakimi in TOLOnews,The Ministry of Industry and Commerce (MoIC) said that the Islamic Emirate is ready for a Wakhan trade route and calls on China to accelerate its cooperation in creating it. In a video released by the MoIC, the acting Minister of Industry and Commerce, Nooruddin Azizi, said that a Wakhan trade route could promote trade between China and Afghanistan. “Undoubtedly, the Wakhan Corridor or historic Silk road can increase the…

Nepal, China seal a deal for utilisation of Rs15 billion in Chinese grant

by Anil Giri in The Kathmandu Post, Nov 16th, 2022.Nepal and China on Tuesday signed an agreement for the utilisation of Rs15 billion (800 million RMB) in Chinese grants for various projects selected by the Nepali side. Bishnu Pukar Shrestha, Nepali ambassador to China, and Luo Zhaohui, chairman of the China International Development Cooperation Agency (CIDCA), signed the agreement on the behalf of their respective governments, in Beijing. CIDCA is China’s external aid and development…