China is investing more in Bangladesh after the visit of Bangladesh interim leader Dr. Muhammad Yunus to Bejing just days ago. He was given a red-carpet treatment by China, even being just an interim leader of Bangladesh. That shows how important Beijing is viewing its relations with Bangladesh.
This is a smart move by Dr. Muhammad Yunus leveraging on the strained relations between India and China and the trade war ongoing between the USA and China. Chinese investments are looking out for opportunities to invest outside the troubled spots that demonized Chinese investments and Bangladesh saw the opportunity.
India is hungry for foreign investments but having done so much harm to foreign companies with ridiculous punishments, earning India the reputation 'Graveyard of Foreign Investments'. Samsung is now facing a US$601 million fine for nonsensical reasons and investors are watching closely the developments.
Now, with China investing more in Bangladesh, the future of Bangladesh looks more than promising. China has already invested much in Bangladesh and Vietnam.
On the other hand, China must watch carefully how the situation develops with Mexico now in the crosshairs of the USA and whether it is safe for further investments by Chinese manufacturers like BYD. Mexico has a trade agreement with the USA and with Trump threatening to take over Mexico, China must be extra careful.
Anonymous
2 comments:
Bangladesh are not in the reptilian species called serpentes like India.
In the face of Bangladesh moving closer to China, the Indians are trying to create trouble for Bangladesh, for example fabricating disunity in the Bangladesh military.
This is eliciting a response from Bangladesh touching on the issues within the Indian Military. Fewer Nepalese, where the world-famous Gurkhas originated, are enrolling in the Indian Military Gurkha Regiment and the unit is said to be dying out. Another regiment formed from Punjab are also facing recruitment problems. The Sikhs are feeling that they do not belong in India, being sidelined and facing all the negative issues from the Central Indian Government, with assassinations of a Sikh leader even outside India being carried out.
More bullying by India is on the cards, with Mohammad Yunus's comments that the seven northern Indian regions (the seven sisters) would benefit more if under Chinese control. This has touched a raw nerve in India with a warning made against Yunus not to create unnecessary incitation.
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