[đŸ‡§đŸ‡©] China is a Time Tested Friend and a Strategic Partner of Bangladesh

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What to expect from Yunus’s China trip
If everything goes as planned, Dr Muhammad Yunus will meet Chinese President Xi Jinping in Beijing on March 28

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Combination picture of Chinese President Xi Jinping and Chief Adviser Prof Muhammad Yunus. Photo: AFP
Sheikh Shahariar ZamanSheikh Shahariar Zaman
Publish : 13 Mar 2025, 10:00 AMUpdate : 13 Mar 2025, 10:00 AM

Against the backdrop of strained relations between Dhaka and Delhi and the second tenure of Donald Trump as the US president, Chief Adviser Dr Muhammad Yunus is set to visit China later this month.

If everything goes as planned, Yunus will meet Chinese President Xi Jinping in Beijing on March 28.

Along with discussions on bilateral relations, the two leaders may also address the evolving geopolitical landscape.

The meeting is expected to focus on three of Xi’s global initiatives: the Global Development Initiative (GDI), the Global Security Initiative (GSI) and the Global Civilization Initiative (GCI).

Given the circumstances, Dhaka is placing significant importance on this visit.

A senior official from the Ministry of Foreign Affairs said Dhaka considered the chief adviser’s visit to China very important, adding that preparations for this visit had already begun.

"During this visit, there will be a meeting between President Xi Jinping and the chief adviser in Beijing. Additionally, the chief adviser will address the Boao Forum for Asia."

BFA and possible agreements

The chief adviser was invited to attend the Boao Forum for Asia conference to be held in China’s Hainan province from March 25 to 28.

The decision for him to participate was finalized after confirming the meeting with the Chinese president.

Several sources indicate that if both sides agree, multiple agreements may be signed during this visit.

One official said Foreign Affairs Adviser Md Tauhid Hossain visited China in January and discussed high-level visits in celebration of the 50th anniversary of diplomatic relations between the two countries.

They mentioned that throughout the year, both countries would organize various events.

"China is Bangladesh’s largest trading partner. Additionally, Chinese investors are interested in Bangladesh. Investment relations could be a key focus during this visit."

Changing geopolitical dynamics

Diplomacy is never static. A country that is friendly today may change its stance tomorrow based on interests or other factors.

For instance, before August 5, India worked closely with Bangladesh, while relations with the US were less warm.

However, the situation has now shifted – Bangladesh's relationship with India has become somewhat uneasy, whereas its ties with the Biden administration were excellent, and the Yunus government is also increasing communication with the Trump administration.

Notably, Yunus recently spoke over the phone with Elon Musk, who is a close associate of Trump.

A former diplomat said the depth and nature of Bangladesh’s relations with various countries depended on its national interests and the priorities of those nations.

Providing an example, they said China was showing interest in various development projects in Bangladesh, while the US wanted to expand its trade relations with Bangladesh.

“The government is making decisions based on national interests. For instance, it has already decided on energy purchases from the US and increasing business engagements with Elon Musk."

Strained ties with India

Regarding the uneasy relations with India, the former diplomat said: "Before the political shift in Bangladesh, there were no issues with Indian visas. Over 1.5 million visas were issued annually, a significant portion of which were medical visas. However, this has now been significantly restricted."

"Why India made this decision is something they can explain, but Bangladeshis are adapting to the changing situation," they added.

Medical tourism

Visa policies can have a substantial influence on another country, and India serves as a prime example.

A large number of Bangladeshis travelled to India not only as tourists but also for medical treatment, making medical diplomacy a crucial factor.

However, with the tightening of Indian visa policies, Bangladesh is seeking alternative options.

China has stepped up, and the first group of Bangladeshi medical tourists departed for the Chinese city of Kunming on Monday.

A former diplomat said that in response to the new reality, the interim government was diversifying its collaborations.

Bangladesh had requested China to designate three hospitals in Kunming for Bangladeshi patients, they mentioned, adding that Beijing had responded positively.

If Bangladeshis found China’s healthcare system satisfactory, medical tourism in China would increase, further strengthening China’s soft power influence in Bangladesh, they noted.​
 

Around 90 pct of Bangladeshi respondents stand in favor of China: survey
Source: XinhuaEditor: huaxia2025-03-12 14:15:15

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Imtiaz Ahmed, executive director at the Center for Alternatives, introduces the survey "National Image of China in Bangladesh," in Dhaka, Bangladesh, March 11, 2025. Around 90 percent of Bangladeshi respondents have favorable stance on China and their satisfaction is increasing over the past three years, according to a leading local think-tank survey. The survey, "National Image of China in Bangladesh," released on Tuesday, found that the overall image of China in Bangladesh has improved and shows consistent trends in several areas, including Bangladesh-China economic relations, people's perception of the Chinese society and economic situation. (Photo by Habibur Rahman/Xinhua)

DHAKA, March 12 (Xinhua) -- Around 90 percent of Bangladeshi respondents have favorable stance on China and their satisfaction is increasing over the past three years, according to a leading local think-tank survey.

The survey, "National Image of China in Bangladesh," released on Tuesday, found that the overall image of China in Bangladesh has improved and shows consistent trends in several areas, including Bangladesh-China economic relations, people's perception of the Chinese society and economic situation.

This finding has been used to compare the three surveys conducted in 2022, 2023 and 2024, which were aimed at understanding the perceptions of the Bangladeshi people about China in general and their perceptions of the different aspects of the Bangladesh-China relationship.

The Center for Alternatives conducted the survey and found that it reflects a growing acknowledgement of the country's cultural heritage and global influence, with dominant power perceptions remaining the key theme. And most respondents lauded China's emerging role in solving the Rohingya crisis and mitigating the protracted conflict situation in the Middle East.

The survey showed that diplomatic ties have been marked by mutual respect, with China being a key development partner for Bangladesh.

The findings also suggest a real need and scope exists for more significant cultural, educational, and social interactions between the people of China and Bangladesh.

This survey was conducted from October to November 2024 among 5,335 respondents across all eight divisions from different socio-economic backgrounds.

Imtiaz Ahmed, executive director at the Center for Alternatives, told Xinhua that in several areas, particularly regarding bilateral relations, there has been consistent positive sentiment. And there has been quite a good positive count on the Belt and Road Initiative.

He said that people expect more investment and people-to-people exchange. One new thing that has come up is regarding the health sector.

People expect that more collaboration and more changes can be done in this area, where the Bangladeshi health sector can develop as much as China's health sector has done.

For his part, Chinese Ambassador to Bangladesh Yao Wen said these surveys have showcased the Bangladeshi people's perception of China in social, economic, and cultural fields, as well as their friendly sentiments towards China.

They particularly highlight some trend-based changes and positive developments over the past three years, Yao added.

Yao stated that these data reflect the support and endorsement from the Bangladeshi people for China's friendly policies towards all Bangladeshi people. ■

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Chinese Ambassador to Bangladesh Yao Wen delivers a speech at an event to release the survey "National Image of China in Bangladesh," in Dhaka, Bangladesh, March 11, 2025.

Around 90 percent of Bangladeshi respondents have favorable stance on China and their satisfaction is increasing over the past three years, according to a leading local think-tank survey.

The survey, "National Image of China in Bangladesh," released on Tuesday, found that the overall image of China in Bangladesh has improved and shows consistent trends in several areas, including Bangladesh-China economic relations, people's perception of the Chinese society and economic situation. (Photo by Habibur Rahman/Xinhua)​
 

This will be the most important visit by any Bangladesh leader
Chinese Ambassador Yao Wen says ahead of Yunus' visit

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Shafiqul Alam

Chief Adviser Prof Mohammad Yunus' scheduled visit to China from March 26-29 is going to be the "most important visit" by a Bangladesh leader over the last 50 years as the two countries are eyeing to take the relations to a new height.

CA's Press Secretary Shafiqul Alam said this quoting Chinese Ambassador to Bangladesh Yao Wen after he called on the chief adviser at the state guest house Jamuna today to discuss the upcoming visit to China.

Shafiqul was addressing the press at the Foreign Service Academy in the capital.

The CA's press secretary said a big focus will be given on relocation of Chinese factories to Bangladesh to make the country a manufacturing hub.

"We want to create a revolution in the manufacturing sector," said the press secretary, adding that it helps create more jobs and boost export from Bangladesh to the global market.

He said there will be a series of engagements during the CA's China visit.

Highlighting the outcomes of the meeting, Shafiqul said the Boao Forum for Asia is called Davos of the East where top leaders of Asia and different countries and chief executive officers (CEOs) of giant global firms participate.

On the sidelines of the forum, he said, Yunus is likely to have meetings with CEOs of some companies.

Yunus and Chinese President Xi Jinping are set hold their first ever bilateral meeting on March 28.

The CA is expected to attend a programme on March 29 at the Peking University and will return to Dhaka at night (same day).

As per the plans, the chief adviser will first attend the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China's Hainan Province.

On March 27, Yunus is scheduled to participate in the inaugural plenary session of the BFA and Executive Vice President of the State Council will meet the Chief Adviser the same day.

On August 25 last year, Chinese Ambassador to Bangladesh Yao Wen conveyed the Chinese leadership's invitation to Yunus to visit China at his convenience.​
 

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àŠžàŠ«àŠ°àŠ•àŠŸàŠČে àŠ…àŠ§à§àŠŻàŠŸàŠȘàŠ• àŠ‡àŠ‰àŠšà§‚àŠž àŠȘàŠżàŠ•àŠżàŠ‚ àŠŹàŠżàŠ¶à§àŠŹàŠŹàŠżàŠŠà§àŠŻàŠŸàŠČয়ে àŠŹàŠ•à§àŠ€à§ƒàŠ€àŠŸ àŠ•àŠ°àŠŹà§‡àŠš àŠàŠŹàŠ‚ àŠàŠ‡ àŠŹàŠżàŠ¶à§àŠŹàŠŹàŠżàŠŠà§àŠŻàŠŸàŠČয় àŠ„à§‡àŠ•à§‡ àŠ€àŠŸàŠ•à§‡ àŠ…àŠšàŠŸàŠ°àŠŸàŠ°àŠż àŠĄàŠ•à§àŠŸàŠ°à§‡àŠŸ àŠĄàŠżàŠ—à§àŠ°àŠż àŠŠà§‡àŠ“à§ŸàŠŸ àŠčàŠŹà§‡à„€ àŠàŠ›àŠŸà§œàŠŸ àŠ€àŠżàŠšàŠż àŠšà§€àŠšà§‡àŠ° àŠčàŠŸàŠ‡àŠŸà§‡àŠ• àŠȘàŠŸàŠ°à§àŠ• àŠȘàŠ°àŠżàŠŠàŠ°à§àŠ¶àŠš àŠ•àŠ°àŠŹà§‡àŠš àŠŹàŠČে àŠœàŠŸàŠšàŠŸàŠš àŠȘà§àŠ°à§‡àŠž àŠžàŠšàŠżàŠŹà„€

àŠ¶à§€àŠ°à§àŠ·àŠžà§àŠ„àŠŸàŠšà§€à§Ÿ àŠ•à§‹àŠźà§àŠȘàŠŸàŠšàŠżàŠ° àŠȘà§àŠ°àŠ§àŠŸàŠš àŠšàŠżàŠ°à§àŠŹàŠŸàŠčà§€àŠŠà§‡àŠ° àŠžàŠ™à§àŠ—à§‡ àŠŹà§ˆàŠ àŠ•à§‡àŠ° àŠȘà§àŠ°àŠžàŠ™à§àŠ—à§‡ àŠ€àŠżàŠšàŠż àŠŹàŠČà§‡àŠš, àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶àŠ•à§‡ àŠźà§àŠŻàŠŸàŠšà§àŠ«à§‡àŠ•àŠšàŠŸàŠ°àŠżàŠ‚ àŠčàŠŸàŠŹ àŠčàŠżàŠžà§‡àŠŹà§‡ àŠ—à§œà§‡ àŠ€à§‹àŠČàŠŸàŠ° àŠŹàŠżàŠ·à§Ÿà§‡ àŠ€àŠŸàŠŠà§‡àŠ° àŠžàŠ™à§àŠ—à§‡ àŠ†àŠČà§‹àŠšàŠšàŠŸ àŠčàŠŹà§‡à„€ àŠ€àŠżàŠšàŠż àŠŹàŠČà§‡àŠš, àŠšà§€àŠšà§‡àŠ° àŠžàŠ™à§àŠ—à§‡ àŠžàŠźà§àŠȘàŠ°à§àŠ•àŠŸàŠŸ àŠšàŠ€à§àŠš àŠ‰àŠšà§àŠšàŠ€àŠŸà§Ÿ àŠšàŠżà§Ÿà§‡ àŠŻà§‡àŠ€à§‡ àŠšàŠŸàŠš àŠ…àŠ§à§àŠŻàŠŸàŠȘàŠ• àŠ‡àŠ‰àŠšà§‚àŠžà„€

àŠ¶àŠ«àŠżàŠ•à§àŠČ àŠ†àŠČàŠź àŠœàŠŸàŠšàŠŸàŠš, àŠŹà§ˆàŠ àŠ•à§‡ àŠšà§€àŠšà§‡àŠ° àŠ°àŠŸàŠ·à§àŠŸà§àŠ°àŠŠà§‚àŠ€ àŠŹàŠČà§‡àŠ›à§‡àŠš àŠŻà§‡, àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶à§‡àŠ° àŠžàŠ™à§àŠ—à§‡ àŠšà§€àŠšà§‡àŠ° àŠ•à§‚àŠŸàŠšà§ˆàŠ€àŠżàŠ• àŠžàŠźà§àŠȘàŠ°à§àŠ•à§‡àŠ° ৫৊ àŠŹàŠ›àŠ° àŠȘà§‚àŠ°à§àŠ€àŠżàŠ€à§‡ àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶à§‡àŠ° àŠžàŠ°àŠ•àŠŸàŠ° àŠȘà§àŠ°àŠ§àŠŸàŠšà§‡àŠ° àŠœàŠšà§àŠŻ àŠàŠ‡ àŠžàŠ«àŠ°àŠŸàŠż àŠčàŠŹà§‡ àŠ…àŠ€à§àŠŻàŠšà§àŠ€ àŠ—à§àŠ°à§àŠ€à§àŠŹàŠȘà§‚àŠ°à§àŠŁà„€

àŠȘà§àŠ°à§‡àŠž àŠžàŠšàŠżàŠŹ àŠŹàŠČà§‡àŠš, àŠàŠ‡ àŠžàŠ«àŠ°à§‡ àŠ…àŠšà§àŠ€àŠ°à§àŠŹàŠ°à§àŠ€à§€ àŠžàŠ°àŠ•àŠŸàŠ°à§‡àŠ° àŠȘàŠ•à§àŠ· àŠ„à§‡àŠ•à§‡ àŠźà§‚àŠČ àŠ«à§‹àŠ•àŠŸàŠž àŠ„àŠŸàŠ•àŠŹà§‡ àŠšà§€àŠšà§‡àŠ° àŠ•à§‹àŠźà§àŠȘàŠŸàŠšàŠżàŠ—à§àŠČো àŠŻà§‡àŠš àŠ€àŠŸàŠŠà§‡àŠ° àŠ•àŠŸàŠ°àŠ–àŠŸàŠšàŠŸ àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶à§‡ àŠžà§àŠ„àŠŸàŠšàŠŸàŠšà§àŠ€àŠ° àŠ•àŠ°à§‡à„€

àŠ€àŠżàŠšàŠż àŠŹàŠČà§‡àŠš, àŠ—àŠ€àŠŹàŠ›àŠ° àŠœàŠŸàŠ€àŠżàŠžàŠ‚àŠ˜ àŠžàŠźà§àŠźà§‡àŠČàŠšà§‡àŠ° àŠžàŠŸàŠ‡àŠĄàŠČàŠŸàŠ‡àŠšà§‡ àŠ…àŠšà§àŠ·à§àŠ àŠżàŠ€ àŠšà§€àŠšà§‡àŠ° àŠȘàŠ°àŠ°àŠŸàŠ·à§àŠŸà§àŠ°àŠźàŠšà§àŠ€à§àŠ°à§€àŠ° àŠžàŠ™à§àŠ—à§‡ àŠȘà§àŠ°àŠ§àŠŸàŠš àŠ‰àŠȘàŠŠà§‡àŠ·à§àŠŸàŠŸàŠ° àŠŹà§ˆàŠ àŠ•à§‡ àŠ…àŠ§à§àŠŻàŠŸàŠȘàŠ• àŠ‡àŠ‰àŠšà§‚àŠž àŠšà§€àŠšà§‡àŠ° àŠšàŠŹàŠŸà§ŸàŠšàŠŻà§‹àŠ—à§àŠŻ àŠœà§àŠŹàŠŸàŠČàŠŸàŠšàŠż àŠ•à§‹àŠźà§àŠȘàŠŸàŠšàŠżàŠ•à§‡ àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶à§‡ àŠŹàŠżàŠšàŠżà§Ÿà§‹àŠ—à§‡àŠ° àŠ†àŠčà§àŠŹàŠŸàŠš àŠœàŠŸàŠšàŠżà§Ÿà§‡àŠ›àŠżàŠČà§‡àŠšà„€

àŠ€àŠżàŠšàŠż àŠœàŠŸàŠšàŠŸàŠš, àŠȘà§àŠ°àŠ§àŠŸàŠš àŠ‰àŠȘàŠŠà§‡àŠ·à§àŠŸàŠŸàŠ° àŠ†àŠčà§àŠŹàŠŸàŠšà§‡ àŠžàŠŸà§œàŠŸ àŠŠàŠżà§Ÿà§‡ àŠšà§€àŠšà§‡àŠ° àŠŠà§'àŠŸàŠż àŠ•à§‹àŠźà§àŠȘàŠŸàŠšàŠż àŠ‡àŠ€à§‹àŠźàŠ§à§àŠŻà§‡ àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶à§‡ àŠ…àŠ«àŠżàŠž àŠžà§àŠ„àŠŸàŠȘàŠš àŠàŠŹàŠ‚ àŠžà§‹àŠČàŠŸàŠ° àŠàŠšàŠŸàŠ°à§àŠœàŠżàŠ€à§‡ àŠŹàŠżàŠšàŠżà§Ÿà§‹àŠ—à§‡àŠ° àŠžàŠżàŠŠà§àŠ§àŠŸàŠšà§àŠ€ àŠšàŠżà§Ÿà§‡àŠ›à§‡à„€

àŠ¶àŠ«àŠżàŠ•à§àŠČ àŠ†àŠČàŠź àŠŹàŠČà§‡àŠš, àŠšà§€àŠšà§‡àŠ° àŠžà§‹àŠČàŠŸàŠ° àŠ•à§‹àŠźà§àŠȘàŠŸàŠšàŠż àŠŸà§àŠ°à§‡àŠĄ àŠȘà§àŠ°à§‹àŠŸà§‡àŠ•àŠ¶àŠšà§‡àŠ° àŠ•àŠŸàŠ°àŠŁà§‡ àŠ…àŠšà§‡àŠ• àŠ•à§àŠ·à§‡àŠ€à§àŠ°à§‡ àŠ€àŠŸàŠŠà§‡àŠ° àŠŹàŠżàŠšàŠżà§Ÿà§‹àŠ—à§‡ àŠŹàŠŸàŠ§àŠŸàŠ—à§àŠ°àŠžà§àŠ€ àŠčàŠšà§àŠ›à§‡à„€ àŠ•àŠżàŠšà§àŠ€à§ àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶à§‡ àŠ€àŠŸàŠ°àŠŸ àŠ•à§‹àŠšà§‹ àŠŹàŠŸàŠ§àŠŸàŠ° àŠžàŠźà§àŠźà§àŠ–à§€àŠš àŠčàŠŹà§‡àŠš àŠšàŠŸà„€

àŠ€àŠżàŠšàŠż àŠœàŠŸàŠšàŠŸàŠš, àŠšàŠŸà§àŠŸàŠ—à§àŠ°àŠŸàŠź àŠŹàŠšà§àŠŠàŠ°à§‡àŠ° àŠžàŠ•à§àŠ·àŠźàŠ€àŠŸ àŠ•àŠ€ àŠŠà§àŠ°à§àŠ€ àŠŹàŠŸà§œàŠŸàŠšà§‹ àŠŻàŠŸà§Ÿâ€”àŠžà§‡ àŠŹàŠżàŠ·à§ŸàŠŸàŠżàŠ“ àŠ†àŠČà§‹àŠšàŠšàŠŸà§Ÿ àŠžà§àŠ„àŠŸàŠš àŠȘàŠŸàŠŹà§‡à„€

àŠ€àŠżàŠšàŠż àŠ†àŠ°àŠ“ àŠœàŠŸàŠšàŠŸàŠš, àŠŹà§ˆàŠ àŠ•à§‡ àŠšà§€àŠšà§‡àŠ° àŠ°àŠŸàŠ·à§àŠŸà§àŠ°àŠŠà§‚àŠ€ àŠŹàŠČà§‡àŠ›à§‡àŠš, ৫ àŠ†àŠ—àŠžà§àŠŸ àŠ—àŠŁàŠ…àŠ­à§àŠŻà§àŠ€à§àŠ„àŠŸàŠšà§‡àŠ° àŠȘàŠ°à§‡ àŠ…àŠšà§àŠŻ àŠŻà§‡àŠ•à§‹àŠšà§‹ àŠŠà§‡àŠ¶à§‡àŠ° àŠ€à§àŠČàŠšàŠŸà§Ÿ àŠšà§€àŠšà§‡àŠ° àŠ•à§‹àŠźà§àŠȘàŠŸàŠšàŠżàŠ—à§àŠČো àŠžàŠ°à§àŠŹà§‡àŠŸàŠšà§àŠš àŠŹàŠżàŠšàŠżà§Ÿà§‹àŠ— àŠ•àŠ°à§‡àŠ›à§‡à„€

àŠȘà§àŠ°à§‡àŠž àŠžàŠšàŠżàŠŹ àŠŹàŠČà§‡àŠš, àŠ†àŠ¶àŠŸ àŠ•àŠ°àŠ›àŠż àŠàŠ‡ àŠžàŠ«àŠ°à§‡àŠ° àŠȘàŠ° àŠ†àŠ°àŠ“ àŠšà§€àŠšàŠŸ àŠ•à§‹àŠźà§àŠȘàŠŸàŠšàŠż àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶à§‡ àŠ†àŠžàŠŹà§‡à„€ àŠšà§€àŠšà§‡àŠ° àŠčàŠŸàŠžàŠȘàŠŸàŠ€àŠŸàŠČ àŠšà§‡àŠ‡àŠš àŠŻà§‡àŠš àŠŹàŠŸàŠ‚àŠČàŠŸàŠŠà§‡àŠ¶à§‡ àŠŻà§ŒàŠ„ àŠŹàŠżàŠšàŠżà§Ÿà§‹àŠ— àŠ•àŠ°à§‡â€”àŠžà§‡ àŠŹàŠżàŠ·à§Ÿà§‡ àŠ†àŠČà§‹àŠšàŠšàŠŸ àŠčàŠŹà§‡ àŠŹàŠČে àŠ‰àŠČ্àŠČà§‡àŠ– àŠ•àŠ°à§‡àŠš àŠ€àŠżàŠšàŠżà„€​
 

Chinese solar panel giant Longi to invest in Bangladesh: envoy
BSS
Dhaka
Published: 16 Mar 2025, 20: 57

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Chinese Ambassador to Bangladesh Yao Wen met Chief Adviser Professor Muhammad Yunus in Dhaka on Sunday, 16 March 2025. BSS

Longi, the largest solar panel manufacturer in the world, has decided to set up an office and invest in solar panel manufacturing in Bangladesh, Chinese Ambassador to Bangladesh Yao Wen said in Dhaka today, Sunday.

The ambassador said several top Chinese solar panel manufacturers visited Bangladesh in December to explore opportunities to invest in the country.

They made the visit after Chief Adviser Professor Muhammad Yunus extended an invitation to Chinese companies to relocate their manufacturing plants here as part of the Interim Government's plan to turn the country into an economic hub, Chief Adviser Press Secretary Shafiqul Alam said.

Ambassador Yao Wen said, of the companies that visited Bangladesh, at least two Chinese firms, including Longi, have decided to set up offices and plants in the country.

"They will invest in Bangladesh very soon," he told Chief Adviser Prof Yunus at the State Guest House Jamuna here.

Yao Wen said Chinese firms have been the largest investors in Bangladesh since 5 August, when the autocratic regime of Sheikh Hasina was ousted from power.

He said dozens of Chinese companies have lined up to invest in Bangladesh as a dedicated Chinese export processing zone is expected to work soon.

The envoy said the upcoming official visit of the Chief Adviser to China would be the most important one in the 50-year-long relationship between the two 'trustworthy" and close friends.

Prof Yunus welcomed more Chinese investors in Bangladesh, saying the country can be a top manufacturing hub for companies that want to export goods to Western nations.

He urged Chinese hospital chains to set up top clinics here or build joint venture healthcare facilities with their Bangladeshi counterparts.

"Bangladesh needs massive investment in healthcare. The Chinese hospital chains now have unique opportunities to construct hospitals here," he said.

The ambassador said China has dedicated four hospitals in the southern Chinese city of Kunming for Bangladeshi patients. A group of Bangladeshi people travelled to Kunming last week for treatment.

The ambassador said Peking University, one of the world's top educational institutions, would confer an honorary doctorate to Prof Yunus during the visit.

The Chief Adviser would also speak at the university.

During the visit, the first bilateral foreign tour of the Chief Adviser, he would join and speak at the Boao Forum, considered the Davos of the East, where top leaders and CEOs gather every year to discuss top global issues.

Prof Yunus would deliver a speech on 'Asia in a Changing World: Towards a Shared Future'. The Chinese executive vice premier will also join him during the session.

The Bangladesh Chief Adviser is expected to meet Chinese President Xi Jinping on 28 March. The two countries will issue a joint statement after the meeting.​
 

The dragon and the delta
A new chapter in Bangladesh-China relations

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Visual: Anwar Sohel

There are rivers, and then there are currents. The rivers of Bangladesh—Padma, Meghna, Jamuna—run deep, shaping land, destiny and commerce. But currents, the unseen forces that dictate the flow of history, are harder to chart.

The tides of geopolitics, the undercurrents of trade wars, the ripples of power shifts—all dictate the future of nations. In this interplay, Bangladesh and China are not merely drifting neighbours; they are architects of a shared destiny, bound by history, ambition and a blueprint for the future.

Recent events have added urgency to this discourse. A 21-member delegation, of which I was a part, embarked on a journey to Beijing, not as idle emissaries but as active negotiators of Bangladesh's place in the unfolding Asian century. In meetings with high-ranking officials of the Chinese Communist Party (CPC) and the foreign ministry, we presented a vision for an elevated partnership. The response? Enthusiastic endorsement.

What followed was not mere diplomatic pleasantries but a recognition: Bangladesh is ready to be more than a recipient of Chinese investments; it is ready to be a strategic collaborator, a manufacturing force, and a regional stabiliser.

Bengal's entanglement with China predates modern geopolitics. In the fourth century, Fa-hsien chronicled the culture of the Gangetic delta, and in the seventh century, Hiuen Tsang met King Harshavardhana, bearing testimony to ancient ties of scholarship and trade. Fifteenth century navigator Ma Huan, who sailed under Admiral Zheng He, described Bengal's bustling ports, its Muslim rulers, and the mercantile energy that linked it to the Chinese court.

In matters of spirit, even the revered Shah Jalal of Sylhet found a place in Chinese records, further cementing centuries-old exchanges.

These were not just transactions; they were threads in a grander fabric, one that today unfolds in the shape of economic corridors, industrial parks, and transcontinental supply chains.

As China ascends to the heights of artificial intelligence and high-tech industries, it leaves behind a vacancy—a space for manufacturing to migrate. Vietnam has seized the opportunity. So has Indonesia. Why not Bangladesh?

DeepSeek, China's latest foray into AI, signals a shift, one where China will export not just goods but knowledge while relocating its traditional industries elsewhere. Bangladesh, with its labour force, its strategic location, and its deepening ties through the Belt and Road Initiative (BRI), must make the case for itself. The investments that were put on hold due to political uncertainties must be rekindled, and Bangladesh should position itself as the next re-export hub for Chinese goods, optimising trade routes, reducing costs, and sustaining China's access to global markets.

Of all the shadows looming over Bangladesh, none is darker than the crisis in Myanmar. The Rohingya crisis is not just a humanitarian catastrophe; it is a geopolitical fault line. Without stability in Myanmar, Bangladesh's security remains fragile.

China's influence in Naypyidaw is undeniable. Yet, for too long, Bangladesh has been a passive observer, waiting for Beijing to pressure the Myanmar junta into action. The delegation pressed the case: China must do more. The repatriation of the Rohingya, the stabilisation of Rakhine state, and the assurance that Myanmar does not descend into prolonged chaos are matters that Beijing cannot afford to ignore. The response? A willingness to engage, to mediate, and to ensure that the next Bangladesh government finds a stable eastern frontier.

The world is in flux. The US, China and India form a triad of competing interests in South Asia. Bangladesh's geography has placed it at the crossroads of this rivalry, but geography is not destiny—policy is. Rather than picking sides, Bangladesh can be a bridge between these global powers, leveraging its historical closeness with India, its growing ties with China, and its strategic importance to the US.

This is not about neutrality but about active diplomacy—playing the role of mediator, connector, and stabiliser in an increasingly multipolar world.

The meetings in China were not just about rhetoric. They were about plans, commitments, and structured collaboration. The 11-point charter, adopted by the delegation and welcomed by the CPC, outlines the next steps: strategic alignment for regional stability; positioning Bangladesh in global trade shifts; strengthening logistics and trade routes; advancing technological partnerships; expanding trade and cultural exchange; building a sustainable industrial base; expanding military manufacturing ties; leveraging China's diplomatic influence for Rohingya repatriation; Teesta River water management; accelerating investment in transport and communications; and developing banking and financial collaboration.

The enthusiasm from China's leadership was not just symbolic. These initiatives are actionable, transformative, and most importantly, mutually beneficial.

The rivers in Bangladesh will always flow towards the sea, but the currents of history can be steered. The Bangladesh-China relations have entered a new era, one where Bangladesh is not just a recipient of investment but a co-creator of the future. The foundation has been laid; the agreements have been acknowledged. The challenge, now, is execution. Will Bangladesh rise to claim its place as a hub of manufacturing, defence co-production, and geopolitical mediation? Or will it allow others to dictate the terms of engagement? The moment demands action, vision, and leadership.

The tide is rising. Bangladesh must set sail.

Bobby Hajjaj is faculty member at North South University (NSU).​
 

China to import mango, guava, jackfruit from Bangladesh: Press Secretary
FE Online Desk
Published :
Mar 20, 2025 19:29
Updated :
Mar 20, 2025 19:29

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China will import mango, guava and jackfruit from Bangladesh.

Chinese Ambassador to Bangladesh Yao Wen recently expressed his government's desire to this end at a meeting with Chief Adviser Professor Muhammad Yunus in Dhaka, BSS reports.

CA Press Secretary Shafiqul Alam disclosed this information at a press briefing at the Foreign Service Academy today (Thursday).

He said the Chief Adviser had earlier requested the Chinese government to import mango, guava and jackfruit from Bangladesh.

Now the Chinese government is very interested in importing these three types of fruits, Alam said, expressing hope that this would open a new horizons for Bangladesh's exports to China.

The Press Secretary said, "We will be able to export jackfruit there on a large scale. Besides, an opportunity has also been created for large-scale mango exports as the Chinese people like Bangladeshi mangoes."

He said standards have to be maintained in the export of mangoes, so the World Food Programme (WFO) is providing USD four million and technical assistance in this regard.

Alam hoped that the trade relations between the two countries would deepen through the Chief Adviser's visit to China. Chief Adviser Professor Muhammad Yunus is scheduled to begin his four-day visit to China on March 26.

About the decisions of the meeting of the Council of Advisers held today, the Press Secretary said it was informed in the meeting that 172,000 government posts are remained vacant so far.

The Chief Adviser has ordered to take necessary measures to fill these vacant posts, he said.

Replying to a question, Alam said, "We have very good relations with India. Despite the visa complications, our trade with India has increased in the last seven months. We want very good relations with India, but it must be based on fairness, dignity and equality."

Responding to another query, he said, "Four hospitals in Kunming have been dedicated for Bangladesh and Bangladeshi patients, who are intending to receive treatment there.

"This is good news. However, our chief adviser wants Chinese hospital chains come to Bangladesh. Then we will get high-quality Chinese treatment at our doorsteps," he added.

The press secretary said Prof Yunus is inviting big Chinese healthcare companies to invest in Bangladesh and the main focus of his visit this time will be to bring Chinese investment in Bangladesh's health sector.

CA Deputy Press Secretaries Abul Kalam Azad Majumdar and Apurba Jahangir were also present at the briefing.​
 

Yunus' China visit to be 'very productive': envoy

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File photo of Chinese Ambassador to Bangladesh Yao Wen. File photo

Chinese Ambassador to Bangladesh Yao Wen today today said Chief Adviser Prof Mohammad Yunus' visit to China would be "very successful, productive and a milestone visit" with some announcements.

"We are working very closely with Bangladesh... We are still having discussions," he said when a journalist approached him after his meeting with Foreign Secretary Md Jashim Uddin at the foreign ministry.

Responding to a question, Yao said this is something between Bangladesh and China as the two countries are celebrating 50 years of diplomatic relations.

Regarding the announcement, he said, "Wait and see. We are still working on it."

Talking to reporters briefly, Foreign Adviser Touhid Hossain said no agreement will be signed during the visit, but a few MoUs are likely to be signed.

"This is going to be the most important visit by a Bangladeshi leader in 50 years," said Chief Adviser's Press Secretary Shafiqul Alam, quoting Yao who met Dr Yunus on March 16.

He said a big focus will be given on relocation of Chinese factories to Bangladesh to make the country a manufacturing hub.

Yunus and Chinese President Xi Jinping is set to hold their first-ever bilateral meeting on March 28.​
 

Bangladesh sees rising Chinese investment amid trade shifts

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Foreign direct investment (FDI) from China in Bangladesh has risen to $2.67 billion as of September 2024, according to official data, cementing China's position as the country's second-largest investor.

This FDI stock includes $1.41 billion from mainland China and $1.26 billion from Hong Kong, according to the Bangladesh Bank (BB), reflecting a broader effort by Chinese firms to diversify amid the US-China trade war.

Bangladesh, with its low-cost labour and expanding industrial base, has emerged as an attractive destination for Chinese companies seeking alternatives to traditional manufacturing hubs.

The textile sector, a pillar of Bangladesh's export economy, has received the largest share of Chinese FDI, totalling $760.14 million. The telecommunications sector has also drawn substantial Chinese investment, with $322.45 million funnelled into expanding 4G and 5G networks.

Beyond these core industries, Chinese capital is flowing into agriculture, energy and pharmaceuticals, strengthening Bangladesh's infrastructure and supply chains.

The trading sector alone has attracted $203.78 million, according to BB data, modernising logistics and enhancing the country's global competitiveness.

Experts say these investments could increase further if Bangladesh creates a more business-friendly environment, making it a prime beneficiary of shifting global trade dynamics.

"By developing infrastructure and fostering a business-friendly environment, Bangladesh can attract more Chinese investment, especially in sectors like electronics, textiles and agriculture," said Al Mamun Mridha, secretary general of the Bangladesh China Chamber of Commerce and Industry (BCCCI).

Mridha said the trade war has opened up several opportunities for Bangladesh as Chinese companies look to relocate, especially in the semiconductor industry.

He also highlighted emerging opportunities in agriculture as shifting trade relations increased demand for alternative sources.

Bangladesh's garments and footwear sectors, he said, have great potential, citing Vietnam's rapid progress as an example. Tapping into the sneaker and footwear market could boost exports.

The BCCCI secretary general said other promising sectors include electronics, the blue economy and fisheries.

Advanced technology in fish exports, he added, could enhance Bangladesh's global competitiveness.

Mustafizur Rahman, a distinguished fellow at the Centre for Policy Dialogue (CPD), said that while China is investing heavily in Vietnam and Cambodia, Bangladesh has yet to attract the same level of commitment.

However, he said the ongoing trade war and evolving global economic conditions have made Bangladesh a viable option for Chinese investors, provided the country seizes the opportunity.

Although Chinese investments are present, Bangladesh has not fully capitalised on its potential. "For instance, we built the Karnaphuli Tunnel, but the special economic zone for China in Chattogram's Anwara is yet to be fully developed," Rahman pointed out.

If China expands its investments, its companies could manufacture in Bangladesh and export not only to China but also to other markets, including the US, minimising the impact of high tariffs, he added.

The US government has imposed an additional 10 percent tariff on Chinese goods recently, limiting market access of "Made in China" products to the American market.

Rahman said that Bangladesh's duty-free access to Europe, the UK and Canada presents a significant advantage in this regard.

Chinese firms could use the country as a gateway to these markets, he said, but attracting greater investment requires an improved business climate and the removal of regulatory barriers.

Riad Mahmud, managing director of National Polymer Group and a non-leather shoe exporter, said that while his company has not yet received investment proposals from China, US buyers have begun inquiring about factory capacity and compliance, often with the assistance of Chinese firms.

Since Bangladesh does not have a dedicated buying house for synthetic shoes, Mahmud said, the industry, less mature than those in China and Vietnam, depends on Chinese companies to access the US market.

He added that both Chinese firms and US buyers increasingly view Bangladesh as a viable alternative to China, leading to a rise in buying inquiries and fresh opportunities for the country.

Meanwhile, the construction of the Chinese Economic and Industrial Zone (CEIZ) in Chattogram has yet to begin, though the Bangladesh Economic Zones Authority (Beza) initiated the project nine years ago to attract foreign investment.

However, there is a possibility of discussions to expedite its implementation during the tenure of the interim government. Besides, Beza is eager to secure approval for the CEIZ's detailed project plan from the Executive Committee of the National Economic Council (ECNEC), according to sources.

Beza has reported a steady rise in Chinese investment in export processing zones. Between July 2024 and March 2025, 29 investment agreements have been finalised, 19 of which involve Chinese companies.

This growing interest underscores Bangladesh's potential to attract further foreign investment and drive economic growth.​
 

Yunus to visit China 26 March: Beijing seeks Dhaka’s one-China policy of 2005
Bangladesh not to join GDI immediately
  • Announcement of $2.5 billion in grant and loan likely​
  • Preparations to sign 7 MoUs​
  • Announcement of setting up robotic physiotherapy and rehabilitation centre and some other​

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Photo shows Bangladesh Chief Adviser Professor Muhammad Yunus and Chinese president Xi Jinping

Chief Adviser Professor Muhammad Yunus will hold a high-level meeting with Chinese president Xi Jinping, and four separate meetings with the representatives of leading Chinese business firms on trade and investment in Beijing on 28 March during his first bilateral visit to China.

According to diplomatic sources of both countries, Bangladesh would emphasise cooperation in economic sector despite it showed desire to strengthen overall political relation ahead of the 50th anniversary of Dhaka-Beijing diplomatic relations, while China would emphasise overall political cooperation focusing one China principle and Bangladesh joining Xi Jinping’s Global Development Initiative (GDI).

It has been learned after talking to several diplomatic sources that Bangladesh emphasises financing in the financial and development process, but China does not want to focus on economic cooperation in the border perspective of the bilateral relations. China says economic cooperation is a part of the relations. Cooperation should be seen from the political perspective to improve the Dhaka-Beijing relations to next stage, and that is also pragmatic.

Foreign ministry officials told Prothom Alo the Chief Adviser will fly to Hainan province by a Chinese charter plane on 26 March, join the Boao Forum for Asia Annual Conference 2025, initiated by 25 Asian countries and Australia, and then go to Beijing.

Dr Yunus will hold a summit with Chinese president Xi Jinping at the Great Hall of the People in Beijing on 28 March, which will be followed by singing of several memorandums of understating (MoUs) and announcements on cooperation in various sectors. The chief adviser will then join a high-level dialogue with Chinese businesspeople on the same day, which will be followed by three roundtables on trade and investments. The themes of these meetings are production and expansion of new possibility, social business and young entrepreneurs, and investment on sustainable technology and energy sector.

He will also visit the headquarters of leading Chains telecommunication technology company Huawei. Dr Yunus will give a lecture at the Peking University on the last day of his visit on 29 March and leave for Dhaka in the afternoon.

Regarding this, Foreign Secretary Md Jasim Uddin told Prothom Alo, “This visit is very significant on the occasion of the 50th year of the Dhaka-Beijing relations. A new door of cooperation opened recently after China designated four specialised hospitals for Bangladeshi patients. We expect the visit of the chief adviser will facilitate the pathways to the new height of the relations.”

Dhaka's position on one-China principle and Taiwan in 2005

China said they would focus on political aspects including one-China principle and participation of Bangladesh in GDI during the chief adviser’s visit. According to diplomatic sources, this time Bangladesh considered to maintain a soft stance on one-China policy in the joint statement.

But, China said what are the reasons and why Bangladesh changes its position on the one-China principle from the joint-communique issued in 2005? Recently, China sent a copy of the joint-communiqué to Bangladesh. Now Beijing wants Dhaka to strongly supports one-China principle and Taiwan issue as per its stance maintained in 2005.

Then Chinese Premier Wen Jiabao visited Dhaka on 7 April 2005. During this visit, joint-communiqué said Bangladesh reiterated that there is only one China, and that the Government of People's Republic of China is the sole legal government representing the whole of China.

“Taiwan is an inalienable part of the Chinese territory. Bangladesh opposes Taiwan's membership in any international and regional organisations open to sovereign countries only, and fully support China's peaceful reunification," it said.

Officials in Dhaka said the joint statement issued on 10 July 2024 between Bangladesh and China also stated, “Bangladesh reiterated its firm commitment to the one-China principle and its position that the Government of the People’s Republic of China represents the whole of China, and Taiwan is part of China, and Bangladesh supports China on issues pertaining to China's core interests and China's efforts to safeguard its national sovereignty and territorial integrity.”

Bilateral relations, however, worsened after the BNP government at that time allowed Taiwan to open its mission in Dhaka. As situation has changed after 5 August 2024 and the Awami League is no longer in office, China will urge Bangladesh to maintain its previous position.

Several government officials said on condition of anonymity nowadays Bangladesh should not entirely maintain the position on the one-China principle and Taiwan issues like the past government of 2005.

Dhaka is not joining GDI now

During the chief adviser’s visit, China wants to emphasise that Dhaka joins the GDI. According to foreign ministry officials, Bangladesh will not join the GDI now, but there will be a progress on it. Dhaka might praise the GDI saying this initiative will be complementary to the achievement of Sustainable Development Goals (SDGs) and development goals.

A senior official said on condition of anonymity that a support for GDI means Bangladesh is going to join the process. As a result, Dhaka will at least not mention directly this time that it supports GDI.

Issues of talks and negotiations

Overall, many issues, including economy, investment and trade, defence cooperation and geopolitics may get importance during the Yunus-Xi meeting. Bangladesh may give priorities in issues including cooperation in education sector, investment, renewable energy, industrial relocation, air connectivity, and accelerating disbursement of funds for previously announced projects, as well as the issue related to resolving Rohingya crisis.

According to sources, preparations have been taken to sign several MoUs on various issues including USD 1 billion assistance in economic and technical cooperation, human development assistance, disaster control assistance, establishment of Chinese libraries, translation and publication of Chinese classic literature, sports cooperation, as well as cooperation between the state news agencies of both countries.

Besides, several announcements may come on the celebration of the 50th anniversary of the diplomatic relations between the two countries, setting up of robotic physiotherapy and rehabilitation centre in cooperation with China, kicking off of talks to sign bilateral investment agreement, inviting 1,000 Bangladeshis to visit China in next five years and Chinese economic zones.

Foreign ministry officials also said issues related to increasing bilateral trade and investment, Rohingya crisis, water cooperation, as well as issues of USD 1.5 billion in assistance in the form of loans with low interest and grants are likely to arise during discussions. Besides, issues of the modernisation of defence facilities or the collection of arms may also arise.​
 

Dhaka-Beijing relations to be deepened further: Dr Yunus
Two countries to sign key instruments on March 28 after Yunus-Xi talks
UNB
Published :
Mar 26, 2025 09:49
Updated :
Mar 26, 2025 09:49

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Chief Adviser Prof Muhammad Yunus has said the relationship between Bangladesh and China would further be deepened through his four-day official visit that begins on Wednesday.

"I am going to China on a four-day visit. I will meet with President Xi Jinping. I will also meet with CEOs of major Chinese businesses," he said ahead of the visit.

The chief adviser is scheduled to leave Dhaka for China on this (Wednesday) afternoon.

Addressing the nation on Tuesday evening, Dr Yunus said the world's largest Chinese solar panel manufacturer Longji has expressed interest in setting up a factory in Bangladesh.

"We are working with them. In addition, technical assistance, medical assistance, low-cost treatment and other issues will be discussed," he said, adding that they (China) want to import mangoes, jackfruit and guava from Bangladesh. "This will start very soon."

Bangladesh and China are set to sign several agreements and Memorandums of Understanding (MoUs) as Chief Adviser Prof Muhammad Yunus and Chinese President Xi Jinping prepare to hold a bilateral meeting in Beijing on March 28.

The bilateral cooperation documents are likely to be signed in the areas of human resource development, economic and technical assistance, cultural and sports cooperation and cooperation between the media.

Besides, announcements related to economy, investment and economic zones are likely to be made.

Foreign Secretary Md Jashim Uddin briefed reporters at the Ministry of Foreign Affairs on Tuesday afternoon.

MoFA Spokesperson Mohammad Rafiqul Alam, Directors General were present.

The bilateral meeting will be held at the Great Hall of China.

They will discuss various strategic bilateral issues between Bangladesh and China, trade and investment promotion, cooperation in agriculture, infrastructure, renewable energy sectors, and resolving the Rohingya issue, among other matters of mutual interest between the two countries, said the Foreign Secretary.

He said China is Bangladesh's best friend, closest neighbor, strategic partner and one of the largest commercial and development partners.

Bangladesh and China enjoy excellent diplomatic relations, which are deepening, he said, adding that this year the two countries have undertaken programs to celebrate the 50 years of China-Bangladesh diplomatic relations.

The Foreign Secretary said the visit would add a new dimension in Dhaka-Beijing relations with further momentum.

The Chief Adviser will attend roundtable discussions on Sustainable Infrastructure and Energy Investment; Bangladesh 2.0 Manufacturing and Market Opportunities; Social Business, Youth Entrepreneurship and the World of Three Zeros.

Chinese Ambassador to Bangladesh Yao Wen on Sunday said Chief Adviser Prof Mohammad Yunus’ visit to China would be "very successful, productive and a milestone visit" with some announcements.

Dr Yunus' scheduled visit to China from March 26-29 is going to be the “most important visit” by a Bangladesh leader over the last 50 years, as the two countries are eyeing to take the relations to a new height.

“This is going to be the most important visit by a Bangladeshi leader in 50 years,” said Chief Adviser’s Press Secretary Shafiqul Alam, quoting Chinese Ambassador to Bangladesh Yao Wen who met Dr Yunus on March 16.

Alam said a big focus will be given on relocation of Chinese factories to Bangladesh to make the country a manufacturing hub.

"We want to create a revolution in the manufacturing sector," said the press secretary, adding that it helps create more jobs and boost exports from Bangladesh to the global market.

He said there will be a series of engagements during the chief adviser's China visit.

On the sidelines of the forum, Alam said, the chief adviser is likely to have meetings with CEOs of some companies.

Dhaka and Beijing are eyeing stronger ties, marking the 50th anniversary of Bangladesh-China diplomatic relations.

The chief adviser will attend a programme on March 29 at Peking University and will return to Dhaka at night (same day).

As per the plans, the chief adviser will first attend the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, South China's Hainan Province.

On March 27, Dr Yunus will participate in the inaugural plenary session of the BFA and Executive Vice President of the State Council will meet the Chief Adviser the same day.

On August 25 last year, Chinese Ambassador to Bangladesh Yao Wen conveyed the Chinese leadership's invitation to Dr Yunus to visit China at his convenience.

“China and Bangladesh are best friends and trustworthy partners. So, whatever change is taking place internationally or domestically in Bangladesh, our policy remains steadfast,” Ambassador Yao said recently, adding that no matter who forms the government China wants to be their partner and their policy is not related to any particular government.

He said they believe their cooperation is for the benefit of all the Bangladeshi people and the people of China as well.

BFA Secretary General Zhang Jun said with the theme "Asia in the changing World: Towards a shared Future," this year's event will focus on development, foster dialogue, explore innovative formats and value tangible outcomes, all aimed at promoting international development and cooperation.

He said the theme is intended to reinvigorate multilateralism, promote openness and development, jointly respond to global challenges, and carry out the commitments of the UN Summit of the Future while focusing on the development of Asia.

Many heads of international and regional organisations, ministerial-level officials, entrepreneurs of Fortune Global 500, and renowned experts and scholars have already confirmed their participation in the annual conference, Zhang said.

He said the event will focus on four subject areas: building trust and promoting cooperation in a fast-changing world; rebalancing globalisation for inclusive development; accelerating the Sustainable Development Goals for more effective responses to global challenges; and strengthening AI application and governance for innovation-driven development.​
 
Around 90 percent of Bangladeshi respondents have favorable stance on China and their satisfaction is increasing over the past three years, according to a leading local think-tank survey.
Way to go Indians! 😉

This is called the "triumph of Indian diplomacy"...

India does not have a friend left in South Asia.
 

Holistic policies necessary to address trade imbalances
We must assess failure to fully utilise zero-duty trade benefits from China

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VISUAL: STAR

Bangladesh's failure to fully utilise the zero-duty trade benefits it enjoys from China is quite disappointing. Despite gaining this duty holiday in 2020, we have not been able to increase our exports to China compared to our imports from the country of 1.4 billion people. Initially, duty-free access to Chinese markets was offered to 8,547 Bangladeshi products; later, 100 percent duty-free access was given to all products from Bangladesh. Yet, during the July-December period of the current fiscal year, Bangladesh only exported $0.46 billion worth of goods to China while importing $8.89 billion worth of goods. In the last six fiscal years, trade differences with China, in fact, went up.

In the past, we received zero-tariff benefits from India. There too, we failed to take full advantage of the benefit, and our trade imbalance with the country remained high. Both these instances point to our lack of productivity, failure to increase industrial capacity, and inability to attract investment in our export-oriented businesses (other than ready-made garments). Interestingly, Bangladesh's main export to China is garments, even though China itself is the world's largest apparel exporter. According to a report in this daily, Bangladesh does not have much scope to increase apparel exports to China beyond what is currently being done. This shows a lack of vision regarding product diversification, with the export sector largely remaining stuck in RMG.

Experts told this daily that we should have pursued Chinese investments in products such as man-made fibre, leather, leather goods, solar panels, semiconductors, and microchips, which could be exported back to China. However, our policies often lack comprehensive implementation plans. Moreover, corruption and negligence often derail implementation. Inconsistent policies, high energy prices, and lack of political stability also drive away foreign investors.

As Chief Adviser Prof Muhammad Yunus is set to visit China, we must assess our performance in taking comprehensive steps to increase our export basket and attract Chinese investment. US President Donald Trump's trade war against several countries, including China, has opened some doors of opportunity for Bangladesh. Chinese investors are showing interest, and we must hit the iron while it's hot. We cannot let this opportunity slip because of our internal problems, low productivity, and lack of political consensus needed for urgent reforms that can support a trade-conducive and investment-friendly environment.​
 

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