India, China Seek To Capitalize On Nepal's Water Wealth

April 17, 2015 9:03 AM

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A very small country is getting a lot of attention from two giant neighbors. Nepal is in the Himalayas between India and China. India wants to spend billions of dollars on dams in Nepal, but this week, a Chinese company won permission to build a giant dam. It's Nepal's largest single foreign investment ever. There's also a proposed high-speed railroad from China that would skirt Mount Everest. Donatella Lorch is a journalist in Nepal's capital, Kathmandu. And she spoke to my colleague Steve Inskeep.

LORCH: Nepal is an Aladdin's cave of water wealth for the entire South Asian region. It has eight out of 10 of the world's highest mountains. It has massive glaciers. It has massive rivers. But the problem is that Nepal has not been able to harness all these rivers and to create the hydropower that ...

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