By Nirmal P. Acharya
A question hangs over the world: Does China’s powerful and rapid rise demonstrate the superiority of the socialist system over the capitalist system represented by the US?
To understand the US, I think it is enough to remember the following three points: 1) A country that has deindustrialized; 2) a country that treats drug use as fashion and interprets human gender into more than 100 kinds; 3) a country that exploits the world by unleashing a tidal wave of dollars without material production.
Under such circumstances, the US still insists on being the beacon of democracy and the ceiling of civilization and is keen to teach and threaten other countries from the strength it thinks it has but does not actually exist. Isn’t this funny?
Looking at China, which the US defines as its biggest rival, I think it is enough to remember the following three points: 1) China is the only country with the whole industrial chain; 2) China has the most complete and advanced infrastructure in the world; 3) China is a country of 1.4 billion people that has eliminated absolute poverty.
However, a question hangs over Nepal: Should it follow the Chinese-proclaimed socialist path or the American-proclaimed capitalist path?
Faced with this question, Nepal’s political elite will surely answer: We are neither going the Chinese way nor the American way. We only take the Nepali road. However, what is their Nepalese road? Nobody really knows.
Could embracing the MCC and being part of the Indo-Pacific strategy be the Nepali road they are going to follow?

Source : https://www.peoplesreview.com.np/2024/10/09/mcc-and-the-nepali-road/