Tag: Kathmandu
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From Dali to Kathmandu: Why Burned-Out Chinese Millennials Are Fleeing to Nepal for a Better Chill
As burnout reaches critical levels among China’s young professionals, a new wave of job-quitters is quietly shifting their escape route. Once drawn to the artsy idyll of Dali in Yunnan, many have now set their sights on Nepal, where the pace is slower, the costs are lower, ...
Nepal Signs Belt and Road Deal
The Nepalese government announced on Wednesday that it signed a framework agreement with China on the Belt and Road Initiative. Kathmandu signed an initial BRI agreement in 2017, but projects have not progressed so far. The new agreement paves the way ...
The BRI Is Back on in Nepal With Funding for Hydropower Plant
Approval of a loan to support a Chinese hydropower project could signify a breakthrough in the so far stillborn development of the BRI in Nepal. A provincial Chinese energy SOE, Sichuan Chuantou Energy, secured a $182.50 million loan from the Export-Import ...
Nepal Walks a China-India-U.S. Tightrope as Prime Minister Heads to Beijing
Nepal’s Prime Minister Pushpa Kamal Dahal (nicknamed “Prachanda”) arrives in China on Friday for the second overseas visit since he took office. His first, in June, was to India, and the choice of destinations shows the delicate balance Nepal has to strike between its giant neighbors. ...