In the vast landscape of global trade, Bangladesh is crafting a masterpiece of trade deals and diplomatic bonds that steer its economic …
China
China became a tested friend of Bangladesh as the country makes it present everywhere in Bangladesh’s development landscape.
From road-rail to seaport and airport, under-river tunnel to elevated expressway, water utility to e-governance, coal power to solar power –you will feel China’s footprint everywhere.
Apart from being a major importing partner, the Asian economic powerhouse came forward with cash, technology and expertise to boost much needed development in Bangladesh.
The bilateral partnership between China and Bangladesh has been longstanding, but it has intensified since 2017 when Bangladesh became part of the Belt and Road Initiative (BRI).
This is a global development strategy launched by Chinese President Xi Jinping in 2013, also known as the New Silk Road that aims to connect East Asia and Europe through land and maritime routes.
Bangladesh is connected to one of the six economic corridors envisioned in this plan.