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China s South Asia engagement meets popular resistance-555329

On May 14, the Nepal Army sealed a deal with a Chinese company to construct bridges and tunnels along the Kathmandu-Terai expressway. The agreement was signed despite the Public Accounts Committee of the Nepalese Parliament issuing a directive to scrap the contract for

China–Bangladesh strategic linkages

Though China and Bangladesh shared an adversarial relationship during the latter’s independence movement and immediately after that, the relationship has undergone a tremendous transformation to the extent that China is now considered by many in Bangladesh as an ‘all-weather friend’. They established diplomatic ties in 1976; it was defence ties that was an important area of their relationship, which led to further expansion of ties. Bilateral trade between China and Bangladesh is heavily tilted towards China. The trade deficit between them stood at US  $16.27 billion in 2019, which has increased 16-fold in the last two decades. China forms the largest share in Bangladesh’s imports at 31.1 percent in 2019, more than double the imports from the next largest partner. Imports from China include a variety of items from textiles, machines, refined petroleum while exports to China consist mainly of textiles which form 70 percent of the total share.

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