India-Nepal Relations

I read lot of reports that if by 2017 they don’t take drastic steps the bubble will burst soon. But to everyone’s surprise instead of corrective steps they took the opposite decision to make Xi the dictator. So now I’m confused.
That makes sense, isn't it? If you know your system is completely broken, then it's better one guy has complete power who can control/hide the shit as long as he can. If power is distributed, then their is higher chance of skeletons tumbling out.
 
That makes sense, isn't it? If you know your system is completely broken, then it's better one guy has complete power who can control/hide the shit as long as he can. If power is distributed, then their is higher chance of skeletons tumbling out.

I fear the biggest distraction will be war.

If/when their infrastructure growth fails, then all they have to do is build 2000 warships, 10,000 fighter aircraft and 100,000 battle tanks. Even for this, you need a guy with complete power. Especially if you are to use them.
 
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Personally, I don't think the effect will be as bad as you stated.

China will go down, but it won't be as sudden as you stated. I personally think it will be a 10-year process which started ever since a few years ago.
I know ;). You are a born optimist. Actually dreamer will suit you better :p. I seriously wish you are right and I am absolutely wrong!!

But reality is somewhat different. Let me explain ;).
Do you know how big Chinese market is when it comes to high end cars ? Let me put some numbers. It's appox 30% for the 3 German biggies and 40% for VW of their worldwide sales. You know how many BMWs, Audi and Mercedes are sold in India? Around 50,000 per year. In China, it's 1.8 million!! 1.8 million v/s 50k and you think India can compensate for Chinese market :D??

Let me give you some other numbers. Just 6 years back, US market for 3 German biggies was almost same/slightly bigger than Chinese market and now it's half of it. Remember US economy has been doing pretty good over last six years, yet Chinese market grew up to double the size of their US counter part.

You can analyze any segment and you will see similar dominance of Chinese domestic market. Now you know that nobody,including US and Europe, can compensate if China goes down. Forget about India/Africa/Middle east. We are still insignificant when it comes to worldwide numbers!!


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I fear the biggest distraction will be war.

If/when their infrastructure growth fails, then all they have to do is build 2000 warships, 10,000 fighter aircraft and 100,000 battle tanks. Even for this, you need a guy with complete power. Especially if you are to use them.
Spot on!! When economy goes down, war is a very good tool to distract disgruntled citizens and as you mentioned defense expenditures will give a boost to economy.
 
I know ;). You are a born optimist. Actually dreamer will suit you better :p. I seriously wish you are right and I am absolutely wrong!!

But reality is somewhat different. Let me explain ;).
Do you know how big Chinese market is when it comes to high end cars ? Let me put some numbers. It's appox 30% for the 3 German biggies and 40% for VW of their worldwide sales. You know how many BMWs, Audi and Mercedes are sold in India? Around 50,000 per year. In China, it's 1.8 million!! 1.8 million v/s 50k and you think India can compensate for Chinese market :D??

Let me give you some other numbers. Just 6 years back, US market for 3 German biggies was almost same/slightly bigger than Chinese market and now it's half of it. Remember US economy has been doing pretty good over last six years, yet Chinese market grew up to double the size of their US counter part.

You can analyze any segment and you will see similar dominance of Chinese domestic market. Now you know that nobody,including US and Europe, can compensate if China goes down. Forget about India/Africa/Middle east. We are still insignificant when it comes to worldwide numbers!!


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But I think the Chinese auto market will sustain itself. So it will lower sales growth, not the sales itself.

That should balance itself out with growth from other markets.

You are a born optimist. Actually dreamer will suit you better :p. I seriously wish you are right and I am absolutely wrong!!

I am optimistic about good things happening and also optimistic about bad things happening. ;)
 
But I think the Chinese auto market will sustain itself. So it will lower sales growth, not the sales itself.

That should balance itself out with growth from other markets.

Not really. When oil price went down in 2015, Chinese market witnessed negative growth for some manufacturers. Imagine if just a drop in oil price can do this, what will happen when their internal economy goes down ?? Compare 2015 growth numbers with 2014 numbers. Check out how the oil price did put a sudden break.

BTW, I just mentioned car sales number as a sampler to bring out the world economy's dependency on China. For long time US had been the elephant in the room and most people didn't realize that China has quietly taken that position.

Anyway, enough of scaring :D. I hope your words come true and world does not witness any recession anytime soon :).

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Not really. When oil price went down in 2015, Chinese market witnessed negative growth for some manufacturers. Imagine if just a drop in oil price can do this, what will happen when their internal economy goes down ?? Compare 2015 growth numbers with 2014 numbers. Check out how the oil price did put a sudden break.

BTW, I just mentioned car sales number as a sampler to bring out the world economy's dependency on China. For long time US had been the elephant in the room and most people didn't realize that China has quietly taken that position.

Anyway, enough of scaring :D. I hope your words come true and world does not witness any recession anytime soon :).

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Are you sure about this? I think there were some internal reforms in China in 2015 that reduced the sales. China drastically devalued their currency in 2015.

China Weakens Currency Again, and Its Neighbors Feel the Pain

The devaluation made imports expensive and killed sales for that year.
 
Are you sure about this? I think there were some internal reforms in China in 2015 that reduced the sales. China drastically devalued their currency in 2015.

China Weakens Currency Again, and Its Neighbors Feel the Pain

The devaluation made imports expensive and killed sales for that year.
It's not devaluation, it's the drastic drop in their export which caused this. It's not only Auto, every segment was affected in 2015. Currency was devalued in order to boost exports.
 
As I said before China wants India to shut down Nepal so that people of Nepal suffer and become anti India. These are ways to spoil relations between two countries.

Nope, it doesn't. People like things running smoothly. Once someone is threatened, they will try to maintain status quo after everything is done and dusted.
 
Nope, it doesn't. People like things running smoothly. Once someone is threatened, they will try to maintain status quo after everything is done and dusted.

Wrong
People in nepal are also divided. Madhesi and pahadis they both dislike eachother. And there India plays it's role. It's always the people you have to carry along. If you do something which people of that country don't like in you have lost the game.
 
Wrong
People in nepal are also divided. Madhesi and pahadis they both dislike eachother. And there India plays it's role. It's always the people you have to carry along. If you do something which people of that country don't like in you have lost the game.

It's all about interests. You scratch my back and I'll scratch yours. All we have to do is make sure our interests align.

All this "liking" business works only in social circles, not between countries.
 
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It's all about interests. You scratch my back and I'll scratch yours. All we have to do is make sure our interests align.

Scratch China's back who are trying to create problems, why to scratch Nepals back and spoil relations, they are jut getting played. I am sure the message to Nepal has been given now real work is with the Chinese.
 
China moots India-Nepal-China economic corridor through Himalayas

BEIJING: China on Wednesday proposed construction of India-Nepal-China economic corridor with multi-dimensional connectivity through the Himalayas as it seeks to expand its influence over the new Nepalese government headed by Prime Minister K P Sharma Oli, widely regarded as pro-Beijing.

China's proposal came after visiting Nepalese foreign minister Pradeep Kumar Gyawali held talks with his Chinese counterpart Wang Yi.

"Let me say China and Nepal have agreed on long term vision of a multi-dimensional cross Himalaya connectivity network," Wang told a joint press briefing along with Gyawali after their talks.

Gyawali is on his maiden visit to Beijing after the Oli-led government came to power in recent elections.

Wang said China and Nepal have already signed an MoU on the China's multi-billion-dollar Belt and Road Initiative (BRI), which includes connectivity cooperation.

It included a long-term vision such as connectivity network and covering the links between the two countries though ports, railways, highways, aviation, power and communications.

"We believe that such a well-developed connectivity network can also create conditions for an economic corridor connecting China, Nepal and India," Wang said.

"We hope that such cooperation will contribute development and prosperity for all the three countries," he said.

Reacting to a question whether Gyawali's visit to China was aimed at counterbalancing the recent visit by Oli to India, his first visit abroad after taking over as Prime Minister, Wang sought to make out a case for trilateral cooperation between India, China and Nepal.

He said Beijing and New Delhi should facilitate it.

"China, Nepal and India are natural friends and partners. We are neighbours connected by rivers and mountains. This is a fact that cannot be changed by whatever changes taking place in the world and inside the three countries," Wang said.

"Support for Nepal's development should be a common understanding between China and India. As two major emerging economies, China and India shall deliver the benefits to their neighbours Nepal included in their own development," he said.

"Nepal on its part should leverage its geographical advantage and connect China and India for greater development. Nepal stands as a natural beneficiary from cooperation from China and India. I think this is a logical desire that should be supported by China and India," he said.

The pro-active initiatives by China came as Oli, who is widely regarded as pro-China, during his last tenure as Prime Minister signed a transit treaty with Beijing in 2016 ending the decades-long dependence on India for commodity and energy supplies for his land-locked country.

He also sought railway connectivity between the two countries through Tibet which China is currently building.

Wang said Gyawali had given firm commitment for the 'one China' policy accepting Taiwan and Tibet as part of China.

In an apparent reference to curtailment of Tibetan refugees crossing to Dharamsala through Nepal to meet the Dalai Lama, Wang said Nepal has agreed to not allow its territory to be used for anti-China activities.

Nepal values its "trouble less and trouble-free relationship", with China, Gyawali said.

In his talks with Wang, Gyawali said both sides comprehensively reviewed transit transport agreement, joint feasibility study of the China-Nepal free trade agreement signed during Oli's previous visit, he said

"We extended our views on the draft protocol of the transit trade agreement and agreed to intensify negotiations in the coming days for its early finalisation," he said.

"We also shared views on the implementation of the MoU on the cooperation under the BRI. Nepal has expectation on the initiatives to contribute to the development of infrastructure, enhanced cross border connectivity trough railways and roads, promotion of trade, tourism and investment and people to people contacts," he said.

The Big Picture : India-Nepal-China Corridor

 
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India plans to build Raxaul-Kathmandu rail line
India will build a railway link between Raxaul in Bihar and Kathmandu as part of its efforts to push Delhi-led connectivity projects in Nepal amid the proposed Chinese economic corridor through the Himalayan state to India.

The project is expected to be given the green signal during Prime Minister Narendra Modi’s visit to Nepal on 11-12 May, people familiar with the matter said on Tuesday. The project report of the rail line would be prepared by top officials of the two countries by first quarter of the next year. PM Modi had hosted his Nepal counterpart K P Oli in Delhi last month.

The visit saw Delhi promising to support construction of a rail-link between India and the capital of Nepal. India also agreed to support the landlocked country to get access to e oceans through inland waterways.

China proposes to build a railway line between Lhasa in the Tibet Autonomous Region (TAR) and Kathmandu by 2022, with an apparent aim of reducing Kathmandu’s dependence on India.

India has given a tepid response to China’s proposal for constructing a trans-Himalayan economic corridor connecting the two countries and Nepal as the government is more keen on working bilaterally with Nepal on infrastructure and connectivity projects. Therefore, China avoided referring to the project at the recent Wuhan Summit between PM Modi and Chinese President Xi Jinping.

The proposal for a trilateral economic corridor was mooted by Chinese foreign minister Wang Yi after a meeting with his Nepalese foreign minister Pradeep Gyawali in Beijing last month.

Sources said the objective of the Raxaul-Kathmandu rail line was to expand “connectivity” between the two neighbours and “enhance people-to-people linkages and promote economic growth and development”.

The two countries also propose to complete the stretch of railway lines from Jayanagar to Janakpur/Kurtha and from Jogbani to Biratnagar Custom Yard by the end of this year.

This will be Modi’s third visit to the Himalayan nation after assuming office in May 2014.
India plans to build Raxaul-Kathmandu rail line
 
National poet Ghimire taken to India for further treatment
National poet Madhav Prasad Ghimire has been taken to India for further treatment. Ghimire was flown to New Delhi this afternoon, where he will undergo treatment at Medanta Hospital, informed Ghimire’s daughter Usha Adhikari.

Ghimire was receiving treatment at Dhapasi-based Grande International Hospital after suffering from internal bleeding, and the hospital referred him to Medanta. Ghimire is accompanied by his son Indriwar and Dr Rohit Chaudhary of Grande Hospital.

He has been under regular medication for the past four months following complications in his heart, kidney and lungs.
https://thehimalayantimes.com/kathmandu/national-poet-ghimire-taken-to-india-for-further-treatment/
 
National poet Ghimire taken to Delhi for treatment
National poet Madhav Prasad Ghimire has been taken to Gurgaon-based Medanta Hospital in Delhi, India for further treatment on Wednesday.

Ghimire, who was receiving treatment at the Dhapasi-based Grande International Hospital for the past few days, was taken to Delhi after he was not recuperating from internal bleeding.

Ghimire, 99, was admitted to Grande Hospital 12 days ago for chronic gastritis and high blood pressure.

Dr Chakra Raj Pandey, Dr Bibek Sharma and Dr Akhilesh Kasyap among others were involved in Ghimire’s treatment.

Earlier on Monday, Prime Minister KP Sharma Oli had reached the hospital to inquire Ghimire’s health condition.

Chief of Army Staff Rajendra Chhetri on Tuesday had visited Ghimire, honorary Brig Gen of Nepal Army, at the hospital to enquire about his health condition.

It has been learnt that government will bear all the treatment expenses of Ghimire.
National poet Ghimire taken to Delhi for treatment
 
Chinese will bring more investment in Industrial complexes in Nepal. This is why they are building 1200MW powerplant. It's a same pattern of CPEC.
Create powerplants, install industrial parks to consume the energy and generate revenue and control the economy.
Nepal Scraps Chinese Contract, Will Build Mega Power Project On Its Own
Nepal has decided to build a 750 megawatt hydel project on its own after scrapping an agreement with a Chinese infrastructure firm, the Himalayan nation's finance minister Yubaraj Khatiwada has said.

The reservoir type project in western Nepal couldn't be completed as the company, China Three Gorges Corporation or CTGC, demanded a hike in the power purchase rate, the price at which Nepal would be buying electricity.

The Nepal finance minister made the announcement to scrap the agreement while releasing the first federal budget for fiscal 2019.

Nepal's rivers, cascading from the snow-capped Himalayas, have vast, untapped potential for hydropower generation, but lack of funds and technology have made Nepal lean on India to meet annual demand of 1,400 megawatts (MW).

The power project has been stuck since 2012. The Nepal government said it made the decision to terminate the deal with the Chinese after a committee looked into the deal and gave its suggestion.

A year ago, the Chinese firm had given Nepal an option to reduce the production capacity to 600 MW, in case Nepal was not agreeable to paying a higher power purchase cost.

The agreement signed between the two nations state that the Chinese firm CTGC will have a 75 per cent stake in the project and the rest will be held by the Nepal Electricity Authority.

The project with the reservoir covers Baitadi, Bajhang and Dadeldhura. It was expected to produce 1.8 billion units of electricity a year.

The project with the 207-metre-tall dam was estimated to cost $1.8 billion, including the interest charges, or $1.4 Billion excluding interest charges.

In November last year, Nepal had also scrapped a $2.5 billion deal with China Gezhouba Group Corporation to build the country's biggest hydropower plant, citing lapses in the award process, the energy minister had said.

In June last year, a Maoist-dominated coalition government had awarded a contract to China Gezhouba Group Corporation to build a 1,200 MW plant on the Budhi Gandaki River, 50 kilometres west of Kathmandu, to address acute power shortages.

Critics had said the $2.5 billion project was handed to the Chinese company without any competitive bidding, which is required by law, and a parliamentary panel asked the government that succeeded the Maoist-led coalition to scrap the deal.
Nepal Scraps Chinese Contract, Will Build Mega Power Project On Its Own