Understanding China's Belt and Road Initiative: How Nepal Should Respond to It?

Abstract

Although increasing literature has evaluated the benefits, drawbacks, and consequences of the BRI, few academics investigated the potential influence of the program on international and regional advantages and disadvantages. But it is true that the BRI projected to have an influence on a huge geopolitical region owing to China's dominance in the world in the coming days. Obviously, that will redefine global trade, which gives the globe a new current concept. Nepal, being a tiny nation close to China, cannot remain astray from bilateral and multilateral economic connections with China, even though it impacts the national policy. Nepal alone is not powerful enough to respond to BRI in the world community but rather country should focus on mass benefiting from this global commercial strategy preparing plan. The different problems and issues related to BRI has been raised in this articles that needs to be address and researched.