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Another hydro-power construction project funded by the Chinese is still ongoing in the central part of the country providing hundreds of jobs to youth.

Apart from tour agencies, hotels are also suffering. Tourism sector lawmaker Yiu Si-wing forecast that occupancy rate of Hong Kong hotels could drop by 10 percent and their revenue could slump by 20 percent.

Anoop Ranjan Bhattarai, president of OSARFCC also urged Chinese and other South Asian entrepreneurs to make Nepal a destination of investment as the Himalayan country can be gateway to South Asia.

Another two people were trapped under collapsed houses. Rescue efforts are underway.

Announced by Chinese President Xi Jinping in 2013, the 'Belt and Road Initiative' aims to build a trans Euro-Asia economic belt stretching from China to the Horn of Africa. Since the trade network was announced significant strides have been made to connect trade opportunities including a freight train from London to Yiwu, China, and an electric railway connecting Ethiopia and Djibouti. More is planned, not only boosting trade, but bringing much-needed ICT and sustainable technologies, which could contribute to capacity building in the most vulnerable countries.