How China is Helping Build Bangladesh into a Powerhouse

China has become Bangladesh's leading economic partner.

Narrated by Tom McKay
Video Edited by Iyanbriandi

Brought to you by the Behind Asian Team.

[BehindAsia]

Do you think Bangladesh should continue partnering up with China? Let us know down below!

[Anderson-svco]

China is like a big brother to Bangladesh
Love from Malaysia❤

[liuy]

Why worry of Blangladesh debt when US has no worries of their 34 trillion debt.

[hyuxion]

Are you saying Bangladesh government cannot manage their own finances? Remind me how US and UK ran some of the biggest debt compared to their GDP!

[GameChanger-crhx]

$8 Bill in infrastructure is negligible between countries. That is barely one week's worth that the US sends in weapons to Israel or Ukraine.

[oceanwave]

China can provide raw material and machinery with affordable prices to help Bangladesh create their own textile manufacturing sector. China's financial institutions are more willing to take risk to invest into countries around China (compared to the West).

[cenotaph]

When it comes to foreign relations, Bangladesh is a surprisingly conservative nation. It has no real enemies or friends, and always assumes a neutral stance in most issues.

[vidsurf]

US should investigate itself before setting standards around the world

[rabbubasirul]

As a Bangladeshi, China loan is better then Western loan, China don't bother about our way of life. Western loans comes with a big headache and cultural invasion. They even brand their loans as aid even though we will be paying the interest.

[cosmic]

If a country is not financially strong and yet want to develop it has no choice but to borrow. If Bangladesh does not borrow from China she has to borrow from others. So debts willl definitely be created. No two ways. Instead of owing to China she is owing to others. Creditors will set terms and conditions which the borrowers will have to consider to the best of their interest. There is not such thing as free lunch. But some will be more sympathic and give better terms and conditions.

[fallinloveatfirstdream]

In recent times, there has been a noticeable trend of American interventionism, where the pursuit of war and economic interests seem to intertwine. However, China is taking a different approach by extending support to developing nations, aiming to reshape this paradigm. Instead of profiting from conflicts between nations, China is investing in global development.

[in_tasin]

In 2021, with the assistance of the Chinese people, we constructed the Padma Bridge, connecting Bangladesh's southern region with the northern area. Before its construction, people relied on ferries to cross the river, which often resulted in numerous casualties. However, since then, transportation has become much swifter, and it is projected that the bridge will boost the country's economy by an additional 1%, which is significant.

[donkeykong]

Lol, Bangladesh China trade is a national security issue for US, lol

[RxnClash]

Bangladesh has 71 billion USD worth of debt to China. America has 1 trillion usd worth of Debt to china which is 23% of their national treasury. But we're worried of Bangladesh lol???

[kawings]

Bangladesh falling in debt is a stupid statement. Do you want Bangladesh to be in that dire condition forever? For example you want to start a transport business but you do not have money to buy a lorry, the very first thing you need to do is to obtain a bank loan to purchase the lorry. then you start to earn money transporting goods using this lorry. This way you could earn an income for yourself also to pay back the monthly loan. Would it be great this way? Chinese loan is not for you to enjoy but the loan is for you to facilitate a convenience for you to start and develop yourself. If you want to be debt free then it's fine. Just do nothing and wait for the sky to feed you.

[raideepu]

Long live China and Bangladesh friendship!

[mohammedhussain-wphn]

Bangladesh need infrastructure.
Bangladesh need 10000 kilometers dual carriageway.

[abidhasan]

Chinese investments are way better than Indian investment in Bangladesh 🇧🇩❤

[Rawdawg_]

Other countries got loan from China and couldn’t make the payments in time on the other hand we didn’t had a single delay in payments of loan so it indeed will give a significant boost to our economy

[in_tasin]

China is much better than the Western states. China believes in mutual understanding, whereas the West pressures you in multiple ways to leverage their interests. In contrast, Bangladesh needs a consistent amount of investment, machinery, and other forms of support to initiate its infrastructure development and realize its potential, where China could be a great partner. We should also be conscious about our policy-making with any partner.