The Chinese polit-bureau would be thrilled at this new opportunity to cover another vulnerable side of India once they entrench themselves in Nepal with their pals the Maoists! 'Developement' is the carrot they will hang before the Maoists, and soon start establishing defence set-ups in Nepal with missiles aimed at Indian cities.
But we have only ourselves to blame for this, we have done next to nothing in the last 61 years to develope infrastructure in Nepal. If we had helped Nepal properly they would have been our friends, but the average Nepalese distrusts us and hates India's big brotherly attitude.