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China’s undeclared trade embargo hurts Nepali traders, economy: Report

Kathmandu [Nepal], March 7 ( ANI): Bejing’s ‘undeclared trade embargo’ in the name of COVID containment measures has hurt Nepal’s economy and traders giving rise to concerns regarding the Himalayan nation’s reliance upon China as a trade partner, as an alternative to India, a media report said.
In 2017-18, imports from China were valued at Rs 159.98 billion, up from Rs 129.87 billion in fiscal 2016-17. However, the increa