How China is Helping Build Bangladesh into a Powerhouse
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- Опубликовано: 17 июн 2024
- China has become Bangladesh's leading economic partner.
Narrated by Tom McKay
Video Edited by Iyanbriandi
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Brought to you by the Behind Asian Team.
Do you think Bangladesh should continue partnering up with China? Let us know down below!
Bangladesh and Current Bangladeshi Government are two different thing.
Indoenshians: Trade with 🇨🇳, Stand With Palestine, URra 🇷🇺, Deporting Bangladesh Refugees.
Also Indoenshians: Guys please, move to BALI 🤯
How about US debt?
The issue is can the country service the debt? Are they making good use of assets for productive purposes? This report is so one sided.
India's 🇮🇳 Ladak now in chinese Hand 😅😅😅 🇧🇩🇨🇳🇧🇩🇨🇳🇧🇩
Of course Bangladesh should continue to partner with China, just the governance should be strong and strict.
The way to end inflation is to end the counterfeiting.
Money creation without product creation is inflation.
Make investments to survive.
Jane Roy
My financial advisor , she’s a professional and has helped many become millionaires fr
I must say crypto is the future and the way investment is the only concept that separate the rich from the poor
Kinda flabbergasted you mentioned her name but I was able to grow a business from her steady gains
No need to be shocked become she's a genius when it comes to invesmt
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.
really? then wait and be like Tibet
You must be from India? @@lbrn8198
@@lbrn8198学习历史去还有西藏怎么了？不过美洲大洋洲新西兰等地方土著呢？
@@lbrn8198China is not in a close enough proximity as tibet. Furthermore, Bangladesh and Tibet are vastly different. Bangladesh has a much larger population
@@_jawad.jabir. more population but economically will be controlled by China if they are in debt to China. You see what happening now Russia and China are irresponsible after they have the been developed. This 2 countries must not be developed in the first place. Other countries help their economy but after they have been in power they bully small countries. This kind of countries and leadership have no right to be in first world countries.
Why worry of Blangladesh debt when US has no worries of their 34 trillion debt.
🤘
Haha😂😂😂
🤣🤣👌👌
They print dollar
Worry because US debt in own by US. China’s debt is owned by Bangladesh. You know what lender can do. They can start to take control of the country. Some people have need to read more and understand the world politics rather be so naive to make a comment so clueless. I am form Bangladesh. I can see how it is keep getting destroyed by China just like Srilanka, Pakistan and many other Asian and African countries. Never delay or trade with one monopoly trade with everyone keep your economy healthy. Go learn more and then comments come live here
$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.
😅 And that's almost half of our total foreign reserves.
So that's a lot.
And US not send 8bn worth of weapons Every week.. They hardly sent anything to Israel in THis current war except few thousands JDAM which Israel may purchased with money.
US even stopped previous order book of weapons for Israel.
Lol, Bangladesh China trade is a national security issue for US , lol
Everything is a security issue for the US unless it fills their politician's wallets somehow.
U S always sees it's enemy everywhere and development anywhere is always security threat to it. Even if it happens in planet Mars, it will be a security threat to it.
China is like a big brother to Bangladesh
Love from Malaysia❤
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!
Power is needed to run a huge debt like the US and UK’s ones. Bangladesh does not have such enormous power, especially compared to China
@@_jawad.jabir. Are you suggesting that the UK and the USA can afford to incur huge debts and neglect proper financial management due to their power? How does this compare to Bangladesh's financial arrangements with China for mutually agreed business deals?
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).
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.
Do you understand what the word conservative means?
Instead of asking stupid questions, how about you elaborate why you disagree? @@Asif.........
Exactly
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.
Actually, the basic concept of loan is starting up thing earlier. Maybe you can save money for 5 years to buy lorry all by yourselves, but you can start your transport business today with loan from others.
😢 GREATLY IMPRESSED 👍
They are zealous because Bangladesh has greater per capital than India!
That depends where are u investing those money? Or u will end up like Pakistan, Sri Lanka, Maldives, Cambodia, Laos and other african Nations
Greatly, said!
US should investigate itself before setting standards around the world
Amazing China for helping the world
this is about Bangladesh, but a lot of indian trolls crying here.
As a Bangladeshi which country are you more close to pakistan or india
@@ExperiShortchina
@@sheikhjahid4106 you know that pakistan is a closer allie of china . Pakistan economy never grew after Chinese interference. why do you think the same will not happen to Bangladesh
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.
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???
Bangladesh need infrastructure.
Bangladesh need 10000 kilometers dual carriageway.
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.
Bangladesh firmly Stand with 🇨🇳🇨🇳🇨🇳.........🇨🇳🇧🇩🇨🇳🇧🇩🇨🇳🙏❤️
Buddy... I support the development in Bangladesh... But I would recommend you guys to be cautious... Most countries that China has given a loan, they have fallen into China's debt trap... Sri Lanka and Pakistan are the best examples of that...
Wishing you all the best from India 🇮🇳 ❤️
@@bipingaikwad6710 No country owes the world bank more than India, Indonesia and Bangladesh
@@kelinha2036 There's a difference between the loan taken from the world bank and the loan taken by China... Most of the countries that have taken loan from China have given away their ports, or something else to China as they were unable to pay their loan... China charges a very high interest rate and the terms of the loan are a bit shady and there's no transparency...
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.
Bangladesh should so much happy because now usa and World looking at their economy and studies them and have concerns about them 😅
Long live China and Bangladesh friendship!
It will , until Bangladesh become like pakistan
Vs. nothing from the West since independence.
Indian AI smear video lol
Debts trapped is everywhere including in the US if you financed a house , you have to pay off your loan or your house will be repossessed….no one work for free.
US are worst country in the whole world
It is a bit different for a country. Even if it fails to pay off loan and the asset is repossessed to Chinese company. They still need to pay local workers to run the asset business and pay the tax. It is still better than having nothing at the first place.
@@joelau2383 at least you don’t loose your house.
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.
If a nation wants to grow to benefit its people's they have to resort to borrowing . What are the differences borrowing from World Bank or IMF which are denominated in USD compared to borrowing from China which is cheaper ? Do not be hypocrites .
Borrowing from the IMF is the worst thing a country can do. That is where the true "debt trap" happens.
AidData is a US propaganda company
This shift is not only promising but also essential for the betterment of our world. Collaborative efforts like those within the BRICS group hold immense potential. If these nations unite with a shared vision for peace and stability, it could herald a new era of global harmony. Such unity would not only benefit developing and underdeveloped countries but also pave the way for a more peaceful world for all.
Chinese investments are way better than Indian investment in Bangladesh 🇧🇩❤
Love China from Bangladesh 🇧🇩
Asians helps asians.
I don't know how to answer this question. There is an old Chinese saying: If you want to be rich, build roads first. China got a lot of inspiration from this statement, and it succeeded. Because the two countries are different, whether the government of Bangladesh can take advantage of better transportation, increase the flow of people, logistics efficiency and more job opportunities is a question that Bangladesh needs to consider. But creating a better living environment for your own people is right!
China's investments at Bangladesh in infrastructure are substantial. Technology transfer from China to Bangladesh will definitely boost industrial growth. Additionally, trade between the two nations is growing more and in a very sustainable manner..
China can help Bangladesh to become the next superpower. China helped SriLanka and Pakistan. With the Chinese help, Bangladesh can become the next SriLanka or Pakistan. Long live the great leader Xi Jinping.
Bruh Sri Lanka and Pakistan 💀
😂
Bangladesh has a higher GDP per capita than India, with a much smaller economy 🤔. Maybe you can learn some things from the Bengali economy, especially its world leading textile industry.
Lol. List of failing states.
Non sense. U would get 2.55 pakistani Rupee and almost 3 Sreelankan Rupee in exchange for Bangladeshi 1 taka.
US government: Only me can bring prosperity to the world.😅😅😅
Nikkei is like the east asian CNN! Dont bring its reference ever!
bikin bangga warga 🇮🇩🇮🇩negeri serumpun bangladesh 🇧🇩🇧🇩. moga indobangla bisa maju
Thanks why Indonesians hate Bangladeshis
As a whole the presentation in the video is reasonable. However, there are some weaknesses: For example, the over $3 billion Padma Bridge project is presented wrongly to be a BRI project. In fact it is financed by local funds, not by a Chinese loan. (The confusion may have arisen by the fact that a Chinese engineering company was given the contract by the BD government to build the bridge.)
The video omitted any role of the significant loans and FDI from Japan in this analysis.
There was an error in the maritime map of BRI showing the port of Calcutta of India to be a part of BRI, while India is well-known for not being a member of BRI. Thanks for the rest of the video.
Funny the anti china troll will say debt-trap lol what about world bank or IMF
Just because they are against you, does not mean they are troll.
bigger u r harder u fall greed proveb
@@val-schaeffer1117 go check the definition of the term troll before commenting here. My question is why the world bank and IMF are not Debt- traps? Even if you take a loan from the bank it is considered Debt-trap lol most of the trolls I came across lol
@@leeliu6867 I checked the definition of troll. It provides your name as an example.
@@val-schaeffer1117 nice try likewise it refers to you as well
Proud to be a Bangladeshi ❤
Atleast try to show the Chinese flag correctly. lol
Foreign capital of the United States and Europe in the form of debts or investments have always kept third world countries like Bangladesh impoverished and dependent on international aid. However, Chinese funds bring to the people of Bangladesh progress and real sense of dignity.
Debt are just tool in the end. As long use wise fully debt can be usefull .
How much loan from WB , ADB and IMF ?
Bangladesh is smart country . They are matainig neutral reltionship with china and india and its good thing . One of blessing they have is there pm . I think she shows the world that women leder working great for there country . Under her leadership bangladesh will grow faster than india .
Bangladesh per capita income is $2650 and India's per capita income is $2850
We have srong economy not like 🇳🇵🇵🇰 & si Loan ka 😅😅😅.....🇧🇩🇧🇩💪....
@@AzadHind572 bangla currency 1 = 1.30 🇮🇳😅Our country is small but we didn’t let india to cross big on our currency values 😅😅
@@abidurrahmanabir7745yuh hi
@@abidurrahmanabir7745 re check 1INR = 1.4 BDT
What happened to Japanese assistant to Bangladesh.
“বাংলাদেশ🇧🇩🤝🏻🇨🇳চীন..
What percentage of debt to China is in the global debt by Bangladesh?
Yes keep working with other countries to better all people and a better life for all
As a bangladshi i know well that half of the debt is sp[ending on corruptionof hasina government
We don't worry about china debts, we scared when see name Bangladesh on western media.
🇧🇩🤝🇨🇳
Bangladesh debt 110 billion not 161 billion.
Without taking risk there is no room for growth
Nice ....
What trouble?
Pakistan done, Sri Lanka done, Maldives done, African nations done. Bangladesh on the way.
Wait and see. You would see the economic position of Bangladesh after expiry of our financial year 2023-24 ending on 30 th june, 2024.and see that per capita income of Bangladesh which would be higher than India.
@@saifulalam8706 ofcourse your per capita will be bigger as you send all the poor Bangladeshi in india illegally
Long live Bangladesh China friendship
Every country nowadays becoming superpower 😅
Negara perlu infestor ..jadilah aset nyata , china yg membantu , AS yg merusak
Definitely, helping to control them 😂.
Found 1️⃣video👇
👉 *Can the Philippines Pay its P15-Trillion Debt?*
So think/focus on that, instead of other countries debts.😌
Found 2️⃣video👇
👉 *Can the Philippines Become the Next South Korea?*
seriously? 😅😂 | Nice Jock!😪
Good
.🇧🇩SULTANATE OF BANGLADESH 🇧🇩Bangladesh China Russia Turkey Iran 🇧🇩🇨🇳🇷🇺🇹🇷🇮🇷....no to India Pakistan USA n west.... Sultanate of Bangladesh🇧🇩☝️🇧🇩 🇨🇳😎✊...
Abal ccp literally cleansing Muslim Uighurs.china might be good for Bangladesh but it's enemy of Islam
How old are you?
Go get back to study before I call your mom
SULTANATE u still living in past grow up man in this world there is no sultanate borders are fixed you can't even change an inch 😂
Have a brain, buddy!
Calm down.
Seems Bangladesh has been complaining about Chinese investment, if what we hear from Indian media is true. Of course one has to be careful with what Indian media has to say
Never trust India media when talking China issues
Srilanka is also saying this about indian media now they are paying price by giving hambantota
Do you trust what the anti China Indian media says?
@@Aron_justin Nope. Sri Lanka still have very friendly relations with China. In fact they were also about to give some island in the Jaffna province to which Inia objected because it was very near to the Indian mainland.
@@thecomment9489 Because Sri Lanka has taken a loan from China at high interest rate, what to do if Sri Lanka does not give the land, what to do with the money? India also gave 8 billion loan to sri lanka by at a very low interest rate not like china in which no body know interest rate or actual amount
What's interest rate ? China has already crippled Sri Lanka, Pakistan, Maldives etc.
True , don't know why no one tell this
Chinese Debt a Long Term Trap.
WTF is difference between debt to china or any other country? if you fail to pay, you are in trouble with everyone. lol 🤣
Ever heard of china debt trap , pakistan crisis , shri lanka crisis ??
Joy Bangla....
❤❤❤❤❤❤❤❤❤
🎉🎉
China ❤️
Uighur muslims. Have you heard of them?
@@amalsaha7045 I remember Guzrat Muslims
China masjid venge toilet banay♥️
@@ZihadGoI remember non bengali Buddhist chakma people of Chittagong hill tract
@@amalsaha7045 Palestine. Have you heard of them? (if you suggest choosing the West)
Next Sri Lanka? 😂
,🇧🇩❤🇨🇳
Pag mamay ari namam sila ng china
🇨🇳🇧🇩
Debt house.....😂😂
India will win sara
Oh bullshit
😂😂😂😂😂 Bangladesh
😂troll
😂😂😂 anti-vax please
West propaganda???
Developing nations should avert and preempt China's debt trap set by China. Lavish and frivolous projects aren't going to work. Pakiatan and Sri Lanka are two eblems.
There's a difference between a loan and investment. Also as you can learn from bangladesh and indonesia, as long as you dont backstab the investor, subsequent bilateral trades using the new infrastructure will guarantee profits.
It doesn't work if it is being corrupted.
and also never trust the Indian when talking China because they are so jealous and being pathetic to see China advancement
So do U think the IMF n World bank's loans are not a Debt Trap ? A fool will think otherwise
Well, they can't count on big bro India, can they? One cannot live on just words, some food donation and trade credits to buy Indian goods disguised as monetary 'help' such as in the case of srilanka
Small country like Bangladesh learn lesson very late or ignore examples like Sri Lanka ,africa & Pakistan. Maldives new govt with Chinese backing thought they can corner india and extort but within 6 months came back to india for help & aid . Seems like chinese friend didn't help them. 😅
🇧🇩 🇨🇳 Anche La Via della Seta e un'arma Contro L'imperialismo.