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Globalization needs to be upgraded to serve the interest of all people

BY CHENG YAWEN In recent years, a rising number of people have realized “the world is undergoing profound changes unseen in a century.” It was more pronounced in 2018. Some phenomena that people are familiar with are changing direction. The head winds globalization is facing is one example. Implied meanings …

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Tibet sees growing number of visitors in Tibetan New Year holiday

LHASA, Feb. 14 (Xinhua) — About 511,700 visits were made by tourists to southwest China’s Tibet Autonomous Region during the 10-day holiday of the Tibetan New Year, up 11.6 percent year on year, local authorities said Thursday. This year’s Tibetan New Year, or Losar, fell on Feb. 5 and coincided …

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Dam proposed to stop desertification in Qinghai-Tibet Plateau

BEIJING, Feb. 11 (Xinhua) — Chinese environmentalists are advocating a dam to prevent the desertification in the frozen soil area in Hoh Xil National Nature Reserve in Qinghai province, an isolated region in the northwestern part of the Qinghai-Tibet Plateau and an UNESCO World Heritage, China Daily reported Monday. The …

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A surge in China-Afghan trade

BY HUJJATULLAH ZIA Trade volume between China and Afghanistan has increased, and both sides continue to show a tendency toward more commercial exchanges. China carries increasing weight for Afghanistan in terms of trade since Sino-Afghan economic ties have grown stronger in recent years. The Afghanistan-China Air Corridor was opened in …

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Looking after road to Tibet

XINING, Feb. 6 (Xinhua) — Every night around midnight, Yu Benfan hears the long whistle of a passenger train from Lhasa as it whooshes through Wangkun station, comforting him and his fellow workers. Just before dawn, not far from Chumar River station in the hinterland of the Kunlun Mountains, incessant …

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How New Silk Roads are shaping Southwest Asia

BY PEPE ESCOBAR Singapore, aiming high for the status of Asia’s unofficial capital, seems like the ideal venue for a conference to discuss how the Middle East could learn a few lessons from ASEAN’s multi-layered relations with China, especially involving partnership in the New Silk Roads, or Belt and Road …

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Kashmir suicide bomber radicalized after beating by troops, parents say

A suicide bomber who killed 44 paramilitary policemen in Indian-controlled Kashmir joined a militant group after having been beaten by troops three years ago, his parents told Reuters on Friday. Relatives of Adil Ahmad Dar, who according to police carried out the suicide attack on the Central Reserve Police Force …

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NMB Bank becomes the first bank to secure debt investment

By Our Reporter NMB Bank becomes the first bank in Nepal to secure USD 15 million debt investment from CDC Group. CDC Group plc is the UK’s development finance institution. Owned by the UK government, it invests in sub-Saharan Africa and South Asia with the aim of supporting economic development …

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Mega Bank clients to get special discount from Blue Cross Hospital

By Our Reporter Blue Cross Hospital located in Thapathali is to provide special discount upto 20 percent to the Mega Bank clients. Bank’s CEO Anupama Khunjeli and Hospital’s board director Rajat Shrestha inked an agreement for providing special discount to the Bank clients. Considering good health of its clients, the …

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BRI conference to be held in Kathmandu

Kathmandu, 17 February: The second conference of the Belt and Road International Transportation Alliance (BRITA), comprise of 33 nations from the globe is going to be held from 25 to 27 February in Kathmandu. The first conference was held in Beijing. BRITA’s board members NASHA Foundation and Nepal Automobiles Association …

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