TopCat
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Point taken, Bangladesh's location between China and India is not ideal. But realistically does Bangladesh stand a chance against either of the two in an armed conflict. Hi tech military hardware may only delay the inevitable. A better approach is perhaps to focus on better relations with all the important regional players in South Asia including Pakistan.
Ideally, get these countries to invest in Bangladesh and so a stable progressive Bangladesh is in the best interest of all concerned. It may not be a bad idea for Bangladesh to take advantage of regional rivalry between China and India.
Taiwan would have been a part of china by now if they did not invest on Military. Even a superpower will not come and rescue you if you cant sustain a fight for a month. We need minimum deterrant even though our adversary may have quantity but we got quality people who willing to die....