The construction of the Chinese Economic and Industrial Zone in Chattogram has gained momentum nearly a decade after its initiation, as Dhaka and Beijing look to strengthen bilateral ties and punishing Trump tariffs prompt Chinese manufacturers to consider relocating factories.
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.
The construction of the Chinese Economic and Industrial Zone in Chattogram has gained momentum nearly a decade after its initiation, as Dhaka and Beijing look to strengthen bilateral ties and punishing Trump tariffs prompt Chinese manufacturers to consider relocating factories.
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.
