China deepens ties with B'desh, extends loan repayment, duty-free access

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China deepens ties with B'desh, extends loan repayment, duty-free access - Business Standard

Quick Summary:

Beijing also assured to consider Dhaka's request to reduce the interest rate of Chinese loans to Bangladesh.

This was the first time the Chinese side invited a large-scale, cross-sectoral delegation from the country for an official visit, which has been described as "a major diplomatic development" in China-Bangladesh relations, state-run Global Times reported.

The delegation headed by Abdul Moyeen Khan, a senior leader of the opposition Bangladesh National Party (BNP), visited China at the invitation of the ruling Communist Party of China (CPC).