Tag: Nepal-China

Nepal plans new road tunnel to connect Kathmandu with China

Kathmandu, January 5 Whereas the new left alliance-led government is expected to prioritise connectivity with China, the Department of Roads has prepared a proposal to construct a road tunnel that will bring Rasuwagadhi border point even closer to the capital, Kathmandu. If the tunnel from Tokha of Kathmandu to Chhahare of Nuwakot district is constructed […]

China investing Rs 14 billion in Nepal’s cement industry

Kathmandu, December 26 The Investment Board of Nepal is preparing to sign an agreement with a Chinese company to bring in Rs 14 billion (equivalent to around $ 140 million) investment in Nepal’s cement industry. The government body is preparing to sing the Project Investment Agreement with Huaxin. Earlier, the Department of Mines and Geology […]

Tatopani crossing will resume operation within three months of new govt: Agni Sapkota

Kathmandu, December 21 CPN-Maoist Centre leader Agni Sapkota says the Tatopani crossing point between Nepal and China, which has been shut since the 2015 earthquake, will resume trade activities within three months after the formation of new left alliance-led government. The newly elected lawmaker from Sindhupalchok district says he has already initiated talks with stakeholders […]

Chinese investors eye Nepal’s herbs to challenge India’s Ramdev

Kathmandu, December 21 A group of 20 Chinese investors are all set to launch an ambitious project to cultivate, collect and process medicinal herbs in Makawanpur district of central Nepal. The group is investing Rs 1.76 billion (equivalent to around USD 17.6 million) to launch a herbal cultivation project and establish a processing plant and […]

‘Next PM’ Oli announces to upgrade road to China, cross-border trade

Kathmandu, December 19 Projected to be the next prime minister, CPN-UML Chairman KP Sharma Oli on Tuesday went to Rasuwagadhi border point, adjacent to Kyirong of Tibet in China, and announced that the new government would prioritise upgrading the crossing and trade activities through. The northern neighbour in August had announced to promote the point […]

Xi Jinping likely to visit Nepal in March 2018

Kathmandu, December 19 Chinese President Xi Jinping is likely to visit Nepal in March next year, multiple sources say. Commenting on newspaper reports that the northern neighbour has listed Nepal as a country that the President would visit and preparations have already begun, leaders of the leftist alliance which is preparing to lead the next […]