China

The Sinovac Biotech company of China has applied for the Phase 3 trial of their Covid-19 vaccine in Bangladesh. Md Abdul Mannan, the secretary of the Health Services Division under the Ministry of Health made this comment at a meeting on the coronavirus vaccine at the ministry...

Southeast Asian nations will likely benefit from China’s economic rebound as the country commands a “lion’s share” of regional exports, one economist said this week. China on Thursday said its gross domestic product grew by 3.2% for the second quarter of 2020, compared to the same period a year ago. The country’s GDP shrank...

Dealing with China is so complex it’s produced its own lexicon: Engagement. Containment. Confrontation. Constrainment. Even “con-gagement.” The word stew reflects the dilemma for governments facing a power that is no longer simply “rising.” The leadership under Xi Jinping believes China is now strong enough that...

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has urged Chinese companies to make more investment in different segments of power sector.  He made the call through a videoconference while addressing the signing ceremony of two companies—NWPGCL from Dhaka and CMC from Beijing—to form a...

The country's business community on Saturday laid stress on a framing of sector-specific investment roadmaps with strategic action plans and comfortable corporate tax to seize the opportunity of investment relocation from China as foreign direct investment (FDI) declined sharply last year. They also urged the government to...

Chinese businesses are showing increasingly greater interest in Chattogram, considering the geographical advantage of the port city. Factors like the duty-free access China recently granted to 5,161 additional Bangladeshi products must also be taken into account. Registration data from the Bangladesh Investment Development Authority (BIDA) show a...

Clothing exports from Bangladesh could fall by 20% this year, according to trends so far and forecasts by businesses and experts. This 20% means nearly $7 billion business losses for exporters. Can Bangladesh offset the losses by exploring opportunities in China that has allowed...

At the start of the year, US-China tensions were easing after their Phase I trade deal, while Washington, Brussels and Tokyo agreed on new global trading rules to curb subsidies. A relative calm had set in. Then the new coronavirus struck. Countries across the world imposed 222...

The Government of China has given 97 percent duty free access to a listed number of Bangladeshi products in the Chinese market. Bangladesh will enjoy this duty holiday from July 1, according to a press release of Bangladesh's Ministry of Foreign Affairs (MOFA) issued today. According to...

Bangladesh has initiated groundwork to attract investments from large foreign firms which are planning to move out of China to reduce single-country dependence after Covid-19 pandemic. Special economic zones with ready-to-use land, longer tax holiday and availability of all services under one roof are among the offers...