Nepal, China to boost trade ties

Nepal and China would boost bilateral business ties, Chinese Ambassador to Nepal Yang Houlan said here. The Chinese ambassador said: “China will continue to encourage qualified Chinese enterprises to participate in the economic construction and social development of Nepal.” Yang, however, underlined that some Chinese enterprises are hesitant in investing in Nepal, reported Xinhua. “These problems in the way can be solved through amicable negotiations and enhanced communications,” he said. He was speaking at a meeting of the Confederation of Nepalese Industries (CNI) Energy Development Council on relations between Nepal and China. From gulftoday