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Page 4 - China Nepal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nepal looks to build cross-border railway

Nepalis are dreaming of a China-Nepal cross-border railway that they believe will enhance connectivity, trade and people-to-people exchanges between the two countries and beyond, said Bishnu Pukar Shrestha, Nepal's ambassador to China.

China-Nepal railway is a way to prosperity; talk of debt trap just noise : Nepali Ambassador to China

The China-Nepal railway project is a way to our prosperity and it can be a project of the century for Nepal, Nepali Ambassador to China Bishnu Pukar Shrestha told the Global Times in an exclusive interview.

Debt trap smears smack of imperialist intent to keep poorer countries poor: China Daily editorial

It's a popular refrain among US officials who seek to portray China as a scheming creditor and the debtor countries as naive and credulous victims. They claim that China is forcing poorer countries into debt traps, by convincing them into taking on loans for infrastructure projects that they can't afford and that offer few benefits, so that Beijing eventually takes control of these assets when the countries can't repay their loans.

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