China is the largest exporting and second-largest importing country in the world. The Chinese domestic market is also expanding fast with increasing consumerism and brand popularity. Yet Bangladesh’s export to China is dropping despite signing the tariff waiver for many “Made in Bangladesh” products.
Bangladesh’s export to China fell to its three-year low of $677 million in the last fiscal year as entrepreneurs could not take advantage of the duty benefits extended by Beijing.
China is the largest exporting and second-largest importing country in the world. The Chinese domestic market is also expanding fast with increasing consumerism and brand popularity. Yet Bangladesh’s export to China is dropping despite signing the tariff waiver for many “Made in Bangladesh” products.
Bangladesh’s export to China fell to its three-year low of $677 million in the last fiscal year as entrepreneurs could not take advantage of the duty benefits extended by Beijing.