November 04, 2009
China-Bangladesh Road Link
Chinese Ambassador Zhang Xianyi told reporters in the Bangladeshi capital Dhaka (Dacca) that "We want to connect with Chittagong, Cox's Bazar via Ghundhum" and that a proposed Bangladesh-Myanmar (Burma)-China (Yunnan Province) highway was under consideration by all governments concerned. No word on the planned Chittagong-Kunming rail link but China is making efforts to expand trade and reverse the imbalance in the region. Of the nearly $5 billion (US dollars) in Bangladesh-China bi-lateral trade nearly 94% is Chinese exports. Zhang Xianyi said China hoped to import more Bangladesh tea and textiles in the future....
Labels: foreign investment, foreign relations, free trade
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