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| | | well. For precisely these reasons China is also determined to improve its economic relations with the country enabling it to be effectively used as a transit country for South Asia. China's Tibet Autonomous Region (TAR) shares an approximately 1414km border with Nepal making it essential to maintain stability on the border for other economic activities to be carried out. The growing economic engagement is visible in the increase of the trade volume by 80 per cent in a single year from 2009-2010 (US$ 744 million). Besides the construction of a 770km railway connecting the Tibetan capital of Lhasa with the Nepalese border town of Khasa, China is involved in several other projects in Nepal like the Melamchi water project, hydel & telecommunication and infrastructure projects including the development of Lumbini and Pokhara as well as the Tato Pani and Kathmandu Ring Road. The catch in this FDI-led development remains that most of the labourers being employed for building these projects are Chinese and not necessarily creating employment opportunities for Nepalese citizens.
In March 2011 General Chen Bingde, head of the People's Liberation Army General Staff Department, visited Nepal and signed a number of contracts worth US$ 20 million to build a military base on the Tibetan border. However, the Sino-Nepal trade |
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