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Bangladesh and China deepen strategic partnership in a new era
12 hours ago ... Improved transport connectivity reduces business costs, expanded electricity generation supports industrialization and stronger digital infrastructure opens ...
Why Bangladesh and China need new connectivity routes
5 May 2026, 15:31 PM UPDATED 5 May 2026, 23:20 PM Mohammad Sufiur Rahman Recent developments in the Middle East have shown how the whole world is vulnerable to the closure of a choke-point like the Strait of Hormuz. A similar situation cannot be ruled out in the case of the Strait of Malacca. Bangladesh’s trade with China, Japan, South Korea and many other countries in the Pacific depends heavily on the Strait of Malacca. Trade with China, Bangladesh’s principal trade and investment partner, thus suffers from complete reliance on this strait.In the last five years, Bangladesh’s imports from China have registered a growth of 45%, against a growth of total exports of 24%, reflecting Bangladesh’s growing dependence on China for industrial inputs, capital machinery as well as consumables. Imports from China increased by 1.45 times, from US$11.5 billion to US$16.65 billion over the last five-year period. Chinese data, however, shows exports at US$24 billion and imports from Bangladesh at about US$1 billion. China’s global exports increased by 2.14 times between 2010 and 2023, while exports to South Asia and Bangladesh increased by 2.91 and 3.38 times respectively. Given the trend, bilateral trade can safely be estimated to reach around US$30 billion by 2030 with the currently traded items.Despite the unimpressive level of exports to China (only US$600 million), one should not overlook the immense potential for export growth if Bangladesh can diversify its production and manufacturing. This can be ascertained by analysing exports of some competitor countries to China. Notable among these competitors in the Chinese market are Vietnam (US$54 billion) and Thailand (US$13.9 billion). They export machinery and mechanical appliances, electrical equipment, televisions, sound recorders, manufactured items, textiles, plastic and rubber articles, as well as agricultural produce in large quantities. It is evident that geographical proximity to China has provided easier transport connectivity to some of Bangladesh’s competitor countries such as Vietnam and Thailand. Easier transport and smooth, seamless logistical arrangements have added to their competitive advantage, leading to a higher market share in the Chinese market.If Bangladesh can develop its production capacities and diversify its exports, availing DFQF market access for 98% of Bangladeshi goods into the Chinese market, and succeeds in capturing even 5% of these market segments, exports may easily reach US$2–3...
China, Bangladesh pledge to deepen ties in trade and infrastructure
Chinese FM Wang Yi and his Bangladeshi counterpart Khalilur Rahman met in Beijing, vowing to deepen cooperation in trade, infrastructure, and green development, while stressing their bilateral ties are not directed against any third party.
EU and Bangladesh Step Up Renewable Energy Drive to Strengthen Energy ...
It was organized under the Bangladesh Renewable Energy Facility (BREF), an EU Global Gateway flagship in the energy sector that is accelerating large-scale renewable energy investments to advance Bangladesh's energy security, climate targets and green transition, said the EU Embassy in Dhaka on Tuesday.
