Highlighting China’s efforts to accelerate 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 an USD one billion “bribe”. It emphasised that India reportedly said last week that it would help Mongolia use $1 billion of aid offered in 2015 to overcome its current financial and current economic climate after Mongolia sought clear support from India against ‘China’s blockade’, in step to the visit of the Dalai Lama to Ulaanbaatar. “China won’t be overly sensitive about India’s cooperation with Mongolia, and won’t mistake India’s assistance as a counter to China,” post said. “Mongolia’s economy is very dependent on China, with well over 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 are developing vain if India tries to ‘bribe’ Mongolia’s loyalty with only USD one billion,” it said.
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