China’s official media has described India’s $1 billion aid to Mongolia as a ‘bribe’. It also warned of ‘endless trouble’ in Sino-India ties if New Delhi viewed China’s cargo service with Nepal as a threat to the sale of Indian goods.
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’, reported PTI.
“China won’t be overly sensitive about India’s cooperation with Mongolia and won’t mistake India’s assistance as a counter to China,” the article said.
Last week, India reportedly offered to help Mongolia use the aid offered in 2015 to overcome its current financial and economic crisis after the landlocked state sought clear support from India against ‘China’s blockade’, in reaction to the visit of the Dalai Lama to Ulaanbaatar.
“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.
Defending the new rail-road cargo route via Tibet to Nepal which launched on Friday, the article said it will boost trade with Nepal as China pushes forward with its Belt and Road (Silk Road) initiative.
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.