An old train engine lies abandoned in Janakpur, 300km south of Kathmandu. Photo: AFP

China-Nepal Railway: debt trap, godsend, threat to India, or just a pie in the sky?

  • Lofty ambitions of a Himalayan railway entertained by Mao Zedong have been revived by Xi Jinping
  • Even if technical and environmental problems can be overcome, Nepal faces another danger: debt
Topic |   Nepal

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An old train engine lies abandoned in Janakpur, 300km south of Kathmandu. Photo: AFP
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Cary Huang
Cary Huang
Opinion

SCMP Columnist

Sino File by Cary Huang

China’s miracle economy has a secret ingredient: cooked GDP books

  • Why fear not making good that pledge about doubling the size of the economy when the figures can simply be massaged into place?

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