Foreign Media: According to Nepalese officials, China plans to increase investment in Nepal's hydropower sector to utilize its abundant hydropower resources and is expected to sell electricity to India.
Nepal, located between China and India, has rich hydropower resources that are not fully developed and is actively attracting foreign investment. Nepal is a participant in the "Belt and Road" initiative, and China is its largest source of foreign investment. Since 2010, when Nepal opened its hydropower industry to private investment, Chinese companies have been involved in it.
China has proposed some project plans and may have more direct investments in Nepal in the future.
Original: toutiao.com/article/1855841745647688/
Statement: This article represents the views of the author himself.