Bangladesh China Signed 25 Billion dollar Investment agreement .

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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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China To Buy Chevron Bangladesh Gas Field for 2 Billion Dollar

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In Recent advancement of Bangladesh China economic cooperation, China will buy  Bangladesh Chevron . Chevron is United states  oil and gas giant  and one of the biggest energy sector investor in Bangladesh . In a recent deal with Chinese state owned  Zhenhua and Chevron , china may buy Chevrons Bangladesh gas field  by 2 billion dollar . Reuters reported already preliminary deal with Chevron to buy the U.S. oil major’s natural gas fields in Bangladesh was signed and further agreements on the table . Zhenhua is a subsidiary of China’s defense industry…

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