India, April 30 -- Nepal's construction industry employs approximately one million people - around 13.8% of total employment - and contributes roughly 9.5% of GDP. It is not a glamorous sector. But it is the sector most directly exposed to the structural terms of Chinese-financed infrastructure, and those terms have generally not served Nepali firms well.When the China EXIM Bank or a Chinese state development bank funds a project in Nepal, the accompanying procurement arrangements tend to favour Chinese enterprises. According to World Bank research, more than 60% of Chinese-funded infrastructure projects globally are awarded to Chinese firms - roughly double the rate seen in projects funded by non-Chinese institutions. This is not necessa...