Regional strategic dynamics in South Asia is in a state of flux since the announcement of China’s Belt and Road Initiative (BRI). China emphasises on the economic aspect of investment in infrastructures and energy projects, but strategic underpinning are very much apparent. China loan has created indebtedness in these countries and has helped Beijing to gain strategic foothold in the region which India considers as core to its security. India’s aid programme though focuses on the neighbourhood, it remains small compared to China and suffers from delivery deficit.
Prachanda's Visit to China: Opportunities and Challenges
Nepali Prime Minister Pushpa Kamal Dahal’s visit to China on 22 September 2023 assumes significance, given the growing engagement of China in many sectors of Nepalese economy in the last few years.