When Xi Jinping's visits Nepal this weekend, a proposed 72-km railway between Kyirong in Tibet and Kathmandu is likely to dominate the agenda, Nikkei reports.
With a potential hydropower capacity of at least 40,000 megawatts from its Himalayan rivers, Nepal is looking to export some of its excess hydropower energy to its neighbors. However, rocky relations between Kathmandu and New Delhi, along with domestic unrest in Nepal have put these plans in doubt, Nikkei reports.
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China's Belt and Road Initiative is transforming Nepal's domestic infrastructure through new roads, hydropower projects, and other industrial projects. Nepal has accommodated Chinese political interests to keep Chinese investments and exports coming, reports Nikkei.
Nepal will use Chinese gauge for a planned nationwide rail network in a move that is expected to intertwine the Himalayan country more deeply with China both economically and strategically. India has opposed the use of China's standard gauge as it tries to build its own influence in Nepal, Nikkei reports.
One of China's Belt and Road Initiative's biggest environmental impacts may be on the world’s water. Should BRI projects strain the world's water resources, the initiative may carry important, and perhaps negative, implications for global and local conflicts over shared water resources.
Reconnecting Asia tracks infrastructure developments across Eurasia, a vast landmass that includes 60 percent of the global economy. Every day, new infrastructure projects are announced, some are advanced, and others encounter obstacles. Here is a selection of projects and trends we will be watching in 2019.
Nepal's new government has restored a $2.5 billion deal with China Guangzhou Corporation to build the nation's largest hydroelectric power plant. This is part of prime minister K.P. Sharma Oli's strategy to use Chinese investment to improve Nepal's infrastructure, writes the Nikkei Asian Review.
Indian prime minister Narendra Modi heads to Nepal for a meeting of the seven-nation BIMSTEC bloc, where improved trade and connectivity have the potential to help India counter Beijing's massive Belt and Road Initiative, according to the Nikkei Asian Review.
India is likely to object to China's proposal to construct a trans-Himalayan trilateral economic corridor through Nepal, according to the Nikkei Asian Review.
Nepal's new prime minister Sharma Oli aims to leverage Nepal's central position in the power tussle between China and India to garner as much infrastructure investments from both.
Nepal's new prime minister K.P. Sharma Oli finds himself courted by China and India for railways projects.
In Nepal, Sri Lanka, Pakistan, the Maldives, and Myanmar, Beijing is pulling South Asia into its orbit.