INDIA IS ENVIOUS! Nicaragua $260 Million Purchase 500 Chinese Bus | But Not Cooperating With India
#china #chinanews #project #India #nicaragua
Nicaragua is one of the largest countries in Central America, with magnificent natural scenery and rich natural resources. However, the economic and transportation environment has always been a challenge for the country.
In Managua, the capital of Nicaragua, as a political, cultural and economic center, it faces serious traffic congestion problems every day. According to statistics, only about 30% of citizens can commute to get off work on time, and the remaining 70% suffer from traffic congestion.
At the same time, there are only about 200 buses available for residents across the country, and most of them are school buses that have been phased out in the United States.
Not long ago, Nicaragua spent US$260 million to purchase 1,000 buses from China in order to improve urban traffic congestion. Surprisingly, however, this cooperation triggered dissatisfaction in India.
Previously, India had placed an order with the Chinese company BYD for 500 electric buses, but the cooperation failed due to India’s credit problems.
So, why does China choose to cooperate with Nicaragua but is unwilling to cooperate with India?
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