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China donates foodgrains worth NRs 100 million to Nepal

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Press Trust of India Kathmandu
China has donated foodgrains worth 100 million Nepalese rupees to the people of Nepal in a food deficit region bordering Tibet.

The food grains provided by China will be distributed among the people of Mugum Karmarong village of Mugu district, about 500 km west of Kathmandu, bordering China, officials said.

The food items donated, include rice, wheat flour, sugar, and salt.

The residents of 12 settlements of the village are asked to collect the donated food items from Tibet.

China's influence in Nepal's economy continues to grow with reports of Beijing topping the list of nations who pledged maximum foreign direct investment into the Himalayan nation.
 

As per figures provided by Nepal, China accounted for as much as 68 per cent of all FDI in Nepal during April-December 2016.

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First Published: Aug 03 2017 | 6:07 PM IST

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