Report in The Kathmandu Post, MAR 30, 2023Senior Nepali and Chinese officials have agreed to fully reopen the Kerung border point for two-way trade and movement of people from April 1. The decision was made on Wednesday during the first meeting of the Nepal-China Coordination Mechanism on Border Trade and Cooperation held in Lhasa on Wednesday. The meeting was co-chaired by Madhu Kumar Marasini, secretary at the Ministry of Industry, Commerce and Supplies and Chen…
Posts tagged as “Chinese”
by Purushottam Poudel in the Kathmandu Post, Mar 18, 2023The Chinese scholars interested in Nepal’s affairs have attributed Nepali Prime Minister Pushpa Kamal Dahal’s reluctance to take part in the Boao Forum for Asia (BFA) to geopolitical factors. Speaking at the ‘Interaction with the Chinese Scholars’ organised by the Nepali Embassy in Beijing, Zhang Shubin, director of the Nepal Studies Centre at Hebei, said, “We know that even though China had extended an official invitation,…
by Purushottam Poudel in The Kathmandu Post,Mar 13, 2023Qin Gang, the new foreign minister of China, is likely to give continuity to Beijing’s old policy towards Nepal, foreign policy experts say. On March 7, Qin, 56, addressed the international media for the first time since taking office as foreign minister. On the margins of the annual session of the Chinese parliament in Beijing, Qin told journalists quoting Confucius: “One should repay kindness with kindness, and…
By Shenal Fernando in The Morning, Mar12, 2023*Attempts to renegotiate terms with PBoC futile: CBSL**Sources reveal response from China has not been ‘favourable’Despite several attempts by the Central Bank of Sri Lanka (CBSL) to renegotiate the conditions of the CNY 10 billion (equivalent to $ 1.5 billion) currency swap with the People’s Bank of China (PBoC), all attempts have proved futile as the response has not been favourable. Accordingly, the currency swap remains unusable to…
ANI report in Times of India online,Jan 22, 2023 at 12.50 PM ISTWASHINGTON: China is providing modern weaponry to the Taliban in the wake of the recent attack by the Islamic State Khorasan Province (ISKP) on a hotel in Kabul that mostly housed Chinese nationals, writes Zafar Iqbal Yousafzai, author of The Troubled Triangle: US-Pakistan Relations under the Taliban’s Shadow in The Jamestown Foundation. The move comes as unstable and volatile Afghanistan threatens Chinese interests…
report on ECNOMYNEXT online, Jan 11, 2023 at 6:19 pm– A top United States security officials met Sri Lanka President Ranil Wickremesinghe and discussed maritime matters, the president’s office said, amid rising worries over Chinese activities in the Indian Ocean surrounded by the island nation. Rear Admiral Eileen Laubacher, the US Senior Director for South Asia for National Security Council met President Wickremesinghe and said that the U.S. values Sri Lanka’s partnership and is keen…
by Balram Ghimire in The Kathmandu Post, Jan 8, 2023The demand for Nepali products has started to pick up in the Chinese market as Beijing has reopened two-way trade from the Rasuwagadhi-Kerung port, which was shut since the start of the Covid pandemic. Nepali traders have been exporting goods such as flour, turmeric, chilly, bamboo stool, grass broom, handicrafts, cosmetics, noodles and among others to Tibet via Rasuwagadhi. According to the local traders, the Tibetans…
by Amy Chew in SCMP, Jan 8, 2023The Taliban has said it will guarantee the safety of Chinese nationals in Afghanistan, three weeks after an Islamic State affiliate attacked a Kabul hotel that caters to Chinese businessmen. Taliban spokesman Suhail Shaheen told the Post on Wednesday that the regime had an “obligation” to maintain the safety of Chinese nationals. “The current government reiterates its obligation to maintain the safety of Chinese nationals and all other…
Reuters report, Jan 6, 2023A screengrab shows a view of the CNPC (China National Petroleum Corporation) plant near the Amu Darya basin in Sar-e Pul northern province of Afghanistan. Reuters file photoAfghanistan’s Taliban-led administration is to sign a contract with a Chinese company to extract oil from the Amu Darya basin in the country’s north, the acting mining minister said on Thursday. The contract would be signed with Xinjiang Central Asia Petroleum and Gas Co…
Reuters report, Jan 6, 2023A screengrab shows a view of the CNPC (China National Petroleum Corporation) plant near the Amu Darya basin in Sar-e Pul northern province of Afghanistan. Reuters file photoAfghanistan’s Taliban-led administration is to sign a contract with a Chinese company to extract oil from the Amu Darya basin in the country’s north, the acting mining minister said on Thursday. The contract would be signed with Xinjiang Central Asia Petroleum and Gas Co…
report in Prothom Alo, Jan 5, 2023Chinese company SSH (BD) Sustainable Fashion Company Limited will invest US dollar 24 million in BEPZA economic zone at Mirsharai to set up a garment industry to manufacture different kinds of high-end garment products. The company will produce 36 million pieces of clothes per year, including jacket, blazer, suit, shirt, pant, trouser, jersey, t-shirt, shorts, swimming suit, Hudi and uniform, from the garment which will create jobs for 2,062…