Bangladesh China Signed 25 Billion dollar Investment agreement .

Bangladesh China  Signed 25 Billion dollar Investment agreement .

BANGLADESH celebrated forty years of relations with China in 2015 and formally declared its joining in China’s ‘One Belt, One Road’ (OBOR) initiative during the visit of China’s President Xi Jinping in 2016. During Xi’s visit, the two governments signed 27 agreements involving $US24.45 billion in assistance and investment for Bangladesh. Moreover, 13 Chinese corporations signed joint venture agreements worth $13 billion with Bangladeshi companies. Jiang Jingkui, director of the Centre of South Asian Studies at Beijing University, told the China Daily that “the South Asia region, which was not…

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