News Videos
International Edition


May 27, 2017

Breaking News, World News and Taiwan News.
About Us
Contact Us

Coming 3-5 years to see 'high wave' of Chinese investment to Bangladesh

DHAKA -- There will be a "high wave" of Chinese investment in Bangladesh in the next three to five years, the Chinese ambassador to Bangladesh said yesterday. Rising labor costs and economic restructuring in China were forcing businesses to relocate to other countries, including Bangladesh, Li Jun said.

"Bangladesh has many advantages, especially in human resources. So, it is a very lucrative place for such relocation," the ambassador said at a meeting at The Daily Star office.

The ambassador said China had rendered zero-tariff treatment to 4,762 products from Bangladesh and 32 other least-developed countries from July 2010. The number of products for duty-free export would be raised to over 7,000, beginning from the next year.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive our promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search