In this breaking news report, an Unidentified speaker highlights growing concerns over Nepal's closeness to China, described as the 'dragon's embrace'. The focus is on a Chinese firm, China Banknote Printing and Minting Corporation, winning the contract to print Nepal's banknotes. The report contextualizes this development with the earlier controversy where Nepal unveiled a 'hundred rupee note which showed certain land which were part of the Nepalese map which India also claims'. The speaker notes that while India used to print some Nepalese currency, Beijing has now been roped in to print most of it, raising strategic questions for New Delhi.
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