[🇧🇩] China is a Time Tested Friend and a Strategic Partner of Bangladesh

[🇧🇩] China is a Time Tested Friend and a Strategic Partner of Bangladesh
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G Bangladesh Defense

Huawei to relaunch BD operations on June 8
Plans to introduce tablets, flagship smartphones, wearables

FE REPORT

Published :
Jun 06, 2026 08:45
Updated :
Jun 06, 2026 08:45

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Chinese technology giant Huawei is set to officially relaunch its consumer business in Bangladesh on June 8, marking its return to the country's smartphone and smart device market after several years of limited activity.

The relaunch will be carried out through a local distributor DX Group, with products to be sold through major retailers and e-commerce platforms. The company has secured the necessary regulatory approvals, including clearance from the Bangladesh Telecommunication Regulatory Commission (BTRC).

Huawei plans to introduce a range of flagship smartphones, tablets, wearables and audio devices, including the Mate 80 Pro, Mate X7 foldable smartphone, Nova 15 Max, MatePad 11.5 tablet, Watch Fit 5 series, FreeBuds earbuds and FreeClip open-ear audio devices.

The company's smartphone business in Bangladesh declined following US sanctions imposed in 2019, which restricted Huawei's access to American technologies and led to the loss of Google Mobile Services on its newer devices. Its official smartphone operations largely ceased after 2021.

Huawei officials said the company is returning with a strengthened software ecosystem centred on its AppGallery platform and Huawei Mobile Services (HMS), which now support a broad range of applications and services.

Initially, Huawei will focus on the premium and upper mid-range smartphone segments, targeting consumers seeking advanced cameras, productivity tools and AI-powered features.

Products will be available through leading retailers and online platforms, including Gadget & Gear, Sumash Tech, Daraz and Pickaboo.

Industry observers believe Huawei's return could intensify competition in Bangladesh's premium smartphone market, currently led by Samsung Electronics, Xiaomi, Oppo, Vivo and Honor.

Huawei is also exploring the possibility of assembling devices locally in Bangladesh in the future, alongside its existing operations in telecommunications infrastructure, cloud services, data centres and digital transformation projects.​
 

BD to join China-South Asia Expo as 'Theme Country'

FE REPORT

Published :
Jun 10, 2026 11:01
Updated :
Jun 10, 2026 11:01

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Bangladesh will participate as the 'Theme Country' in the 10th China-South Asia Expo and the 30th China Kunming Import and Export Fair 2026 beginning in Kunming, Yunnan Province, China, today (Wednesday).

The expo will continue until June 16, according to a press statement issued by the commerce ministry.

In a record participation, 175 representatives from 101 Bangladeshi enterprises will attend the event under the coordination of the Export Promotion Bureau (EPB) and the Consulate General of Bangladesh in Kunming.

The expo is expected to bring together around 2,300 exhibitors from 68 countries, providing a major platform for trade promotion and business networking.

The Bangladesh Pavilion will be inaugurated on the opening day of the expo, while the second day has been designated as "Bangladesh Day".

Commerce Minister Khondoker Abdul Muktadir will attend the programme as the chief guest, while EPB Vice-Chairman and Chief Executive Officer Mohammad Hasan Arif will deliver the keynote address.

Bangladesh will showcase a wide range of export-oriented products, including ready-made garments (RMG), textiles, pharmaceuticals, ceramics, jute products, leather goods and handicrafts.

Officials said the event will facilitate B2B meetings with international buyers and help expand Bangladesh's presence in the Chinese market.​
 

BB positive about Chinese alternative to SWIFT
United News of Bangladesh . Dhaka 10 June, 2026, 23:54

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New Age file photo

Bangladesh Bank has taken a positive stance regarding a proposal from the state-owned Export-Import (Exim) Bank of China to utilize alternative financial infrastructures—specifically the Cross-Border Interbank Payment System (CIPS) and so-called ‘Panda bonds’ —to reduce over-reliance on the US dollar in international trade.

The issue was discussed in detail during a high-level meeting between the central bank and a Chinese delegation on Tuesday. Following the talks, central bank officials on Wednesday stated that Bangladesh Bank has no policy objections if any domestic commercial bank wishes to integrate with the CIPS network.

The possibility of raising funds through issuing Panda bonds—yuan-denominated bonds sold in China’s domestic market by foreign issuers—was also discussed during the meeting.

According to a senior official of Bangladesh Bank, CIPS functions as an international transaction infrastructure, much like the SWIFT network.

‘Having more transaction channels in international trade yields greater opportunities for business. Commercial banks are free to join this platform on their own initiative,’ the official said, adding that no regulatory barriers have been identified so far.

Experts view this development as a significant strategic opportunity for Bangladesh amid changing geopolitical dynamics in the global financial architecture and a growing worldwide push for ‘de-dollarization’ following Western sanctions on several countries.

Financially, China remains Bangladesh’s largest source of imports, with annual bilateral trade accounting for an import volume of approximately US$20 billion to $25 billion from China. Settling a portion of these transactions in Chinese currency (Yuan/Renminbi) via CIPS could significantly ease the pressure on Bangladesh’s greenback reserves.

Economists, however, note that CIPS or Panda bonds are not standalone magical solutions. Their long-term strategic efficacy for Bangladesh will fundamentally rely on the depth of future Bangladesh-China trade, direct investment, and reciprocal financial cooperation.​
 

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