This paper tries to reexamine both positive and negative effects of trade and China's outward foreign direct investment (FDI) to Africa. We focus on the achievement of China's outward FDI to Africa and whether the trade impacts of China on Africa are positive by making regression equations of panel data of the major African countries which have the most stock of China's outward FDI. Due to the results, we find that trade creation exists rather than trade substitution if China's outward FDI increases. Therefore, China's increased engagement with Africa could generate important gains for African economies. Trade openness of host country and economic scales of both traders have positive impacts on the export of both sides. Additionally, the influence of China's outward FDI is limited and the development of African countries mostly depend on the growth of their own economies. In terms of policy implications, these results clearly demonstrate the opportunities and challenges that African countries are facing when dealing with a partner like China.

This paper aims to explore the situation of Nepal through political, social, economics, and technology by SWOT analysis. Due to Due to the current lack of literature reviews on Nepal, we used the secondary data, media coverage report for this paper to get a better overview about Nepal for the reader and foreign investor (especially Chinese investor who are willing invest under Belt and Road initiative). This paper also tries to address "why situational analysis is required before investing?" Moreover, it also try to unravel the mystery "why Nepal join China's Belt and Road Initiative", although the major trading partner of Nepal is with India, who is not currently part of Belt and Road initiative. Finally, we summarize that Nepal could be better option for investor through OBOR initiative.