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Here is the latest from China.

N24 Correspondent, KATHMANDU: The controversial Chinese INGO Asia Pacific Exchange and Cooperation Foundation (APEC) which had brought hearts in the mouths of Indian rulers and their paid Nepalese agents by proposing billions of dollars of investment in Lumbini has reached an agreement with a government agency in Nepal that will allow them to invest USD 0.1 billion each year.

Everyone know that Prachanda is the vice chairman of the Chinese foundation.

The agreement which will remain valid for five years is being seen as the first victory for APEC in Nepal. The fund will be directed towards cultural activities and restore buildings with historical importance.

The Foundation had formally declared that it will invest a colossal amount of USD 3 billion in the birth of Lord Buddha, Lumbini.

According to the plan, an international airport, railway track, international convention center, communication center, broad band internet access, hospitals, conference halls, schools and a University shall be constructed in Lumbini.

Lord Buddha will be doing what nationalists are struggling to do.

Published Date: Wednesday, March 28th, 2012 | 06:44 PM

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