Nepal economy thread - news and Discussions

[Kumata]

A point where Tibbet is as industrialized , populated and rich as Singapore or Hong Kong would eliminate the need of india for Nepal
Nepal would flourish trading with China alone

 

[Chandragupt Maurya]

Nepal’s Forex reserves are at $9.75 bn while Pakistan’s is at around $12 bn, so don’t know who’s more fucked up? Coz Pakistan is a much bigger economy than Nepal (more than 10 times larger to be precise). So Neoal is pretty much on a safer side as of now.

Nepal just needs to control their imports, which as of now are pretty high.

GDP numbers are never accurate
FOREX reserves data is accurate but while comparing the Forex reserves you should also see the population of both the countries
Quality of life in Nepal is far superior to Pakistan which is reflected in parameters like Average life expectancy , infant mortality rate and maternal mortality rate
Averages life expectancy of Nepal is 70.78 years for Pakistan it’s 67.27
Infant mortality rate in Nepal is 25.45 deaths per 1000 live births for Pakistan it’s 56.88

 

[karn]

Lol .. You will learn the same lesson as the Pakis .. They too are dreaming of an industrialised Tibet.

 

[Swesh]

 

[Tshering22]

A novice question to all economics enthusiasts here; do we trade with Nepal in ₹₹ or $$? It would be ridiculous if we are trading in $$ instead if our Rupee, which would ease the pressure on their Dollar reserves.

The last thing we want is Chinese offering then ¥uan in exchange for their imports. It would destroy Nepali ₹ and cement Chinese hold completely on their ecosystem.

 

[ladder]

I see decline in forex, they shouod peg their currency with òurs like Bhutan.
@FalconSlayers. Ji can elaborate more in this regard and tell us. Thing or two

Is it not?
I thought it is fixed at 1:1.6 for INR: Nepal Rupee.

 

[Tshering22]

I see decline in forex, they shouod peg their currency with òurs like Bhutan.
@FalconSlayers. Ji can elaborate more in this regard and tell us. Thing or two

The currency is pegged. My only concern is whether we trade with them in Uncle Sam's currency or our own.

 

[Chandragupt Maurya]

A novice question to all economics enthusiasts here; do we trade with Nepal in ₹₹ or $$? It would be ridiculous if we are trading in $$ instead if our Rupee, which would ease the pressure on their Dollar reserves.

The last thing we want is Chinese offering then ¥uan in exchange for their imports. It would destroy Nepali ₹ and cement Chinese hold completely on their ecosystem.

China is trying hard to connect Kathmandu and Beijing with high speed rail corridors and Expressways they’re investing heavily in studying the terrain and developing the technology they’re ready to spend 2.75 billion USD in preparing the dpr alone
If India doesn’t complete the expressway and high speed rail corridor projects in Bihar Jharkhand Bengal then Nepal will find it easier and cheaper to trade with china via Tibbet than doing the same via Kolkata port
You have to connect Kathmandu and other cities of Nepal with Kolkata if you don’t want China to overtake India as the biggest trading partner of Nepal

 

[Chandragupt Maurya]

Lol .. You will learn the same lesson as the Pakis .. They too are dreaming of an industrialised Tibet.

Tibbet may or may not industrialize but china will develop the the technology to connect Kathmandu and Beijing using high speed rail corridors and Motorways they’re already doing it studying the terrain , investing on research , developing new technologies they’re continuously making the technology cheaper and better

 

[ym888]

Tibet is not geographically suitable for industrialization



But it is possible to connect Nepal by rail

 

[karn]

Tibbet may or may not industrialize but china will develop the the technology to connect Kathmandu and Beijing using high speed rail corridors and Motorways they’re already doing it studying the terrain , investing on research , developing new technologies they’re continuously making the technology cheaper and better

You cant win against the laws of physics and economics .. Its cost way more to go up and down the massive Tibetan plateau .. This is a marketing line that China gives to scam south asian countries.

 

[ym888]

You cant win against the laws of physics and economics .. Its cost way more to go up and down the massive Tibetan plateau .. This is a marketing line that China gives to scam south asian countries.

Yes, the construction cost is high



But it makes good strategic sense

 

[Chandragupt Maurya]

You cant win against the laws of physics and economics .. Its cost way more to go up and down the massive Tibetan plateau .. This is a marketing line that China gives to scam south asian countries.

The Raxaul-Kathmandu railway line (for which the dpr is being prepared) is India’s answer to China’s Shigaste-Kathmandu railway line
If China can dream of colonising mars and moon if china can develop the technology for spacecrafts and space stations then why can’t they connect Kathmandu and Shigaste they will do it and they will do it soon

 

[karn]

Yes, the construction cost is high



But it makes good strategic sense

We are perfectly aware. I'm explaining to him the futility of the economic sense.

 

[Chandragupt Maurya]

Tibet is not geographically suitable for industrialization



But it is possible to connect Nepal by rail

@karn
The Terai Belt of Nepal (Bordering Bihar Province in India) is suited for industrialization chinese industries can easily flood the indian market using the Terai Belt of nepal as manufacturing hub
Birgunj , Biratnagar and Janakpur are the most industrialized cities of Nepal

 

[karn]

The Raxaul-Kathmandu railway line (for which the dpr is being prepared) is India’s answer to China’s Shigaste-Kathmandu railway line
If China can dream of colonising mars and moon if china can develop the technology for spacecrafts and space stations then why can’t they connect Kathmandu and Shigaste they will do it and they will do it soon

Dunno .. in such bilateral matters it is rarely one sides fault.

 

[karn]

@karn
The Terai Belt of Nepal (Bordering Bihar Province in India) is suited for industrialization chinese industries can easily flood the indian market using the Terai Belt of nepal as manufacturing hub
Birgunj , Biratnagar and Janakpur are the most industrialized cities of Nepal

Flooding will not be allowed rest assured just ask bangladesh.

 

[Chandragupt Maurya]

You cant win against the laws of physics and economics .. Its cost way more to go up and down the massive Tibetan plateau .. This is a marketing line that China gives to scam south asian countries.

Most of it will be Tunnels and bridges construction cost is high but it will give china access to indian borders (including the chicken’s neck)
See this map

accessing chicken’s neck via Kathmandu is no big deal

 

[karn]

Most of it will be Tunnels and bridges construction cost is high but it will give china access to indian borders (including the chicken’s neck)
See this map
View attachment 151086
accessing chicken’s neck via Kathmandu is no big deal

Now look at the line going to Chinas east coast .. That is the bit that you need to be concerned about.
What you are showing is useful for "strategic reasons" like mentioned above.

 

[karn]

accessing chicken’s neck via Kathmandu is no big deal

You wanna play that game sure .. Just be sure you are ready for the consequences.