Highlighting China's efforts to step up rail-road connectivity with Nepal, an article in the state-run Global Times said India is also boosting its relations with China's neighbour Mongolia with a USD one billion "bribe".
It emphasised that India reportedly said last week it would help Mongolia use USD one billion of aid offered in 2015 to overcome its current financial and economic crisis after Mongolia sought clear support from India against 'China's blockade', in reaction to the visit of the Dalai Lama to Ulaanbaator.
"Mongolia's economy is highly dependent on China, with more than 90 percent of its imports and exports traded directly with China. As such, China's influence on Mongolia's economy cannot be replaced by India in the short run, and efforts will be in vain if India attempts to 'bribe' Mongolia's loyalty with only USD one billion," it said.
The USD one billion credit line was offered to Mongolia during Prime Minister Narendra Modi's visit in May last year which is expected to be availed by Ulaanbaatar.
Last Friday, dozens of trucks carrying USD 2.8 million worth of products such as clothes, appliances, electronics and building materials left the Chinese border for their destination in Nepal. The new rail and road cargo service, links Guangdong, Tibet and Nepal, official media reported.
"But the move doesn't mean that Chinese goods will push Indian products out of the country. In fact, when it comes to cooperation with other countries, both China and India should refrain from excessive sensitivity," the article said.
Last week, another article in the same daily warned
Mongolia that, "It is even more politically harebrained to ask for support from India, a move that will only complicate the situation and leave a narrower space to sort the issue out. We hope the crisis-hitMongoliawill learn its lessons."
China is already planning to build a new railway to further shorten the trade route connecting the two countries as Beijing pushes forward with the Belt and Road initiative, (Silk Road), the article said.
"China is likely to welcome India to expand its influence through more active participation in regional economic affairs to promote positive development of areas around China. Hopefully India could also adopt an open-minded attitude toward China's cooperation with South Asian countries," it added.
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