Chinese FM Wang Yi scheduled to visit Dhaka tomorrow

[UKBengali]

By all mean i hope i am wrong but this is to put it mildly, very unlikely.

What is your basis of this?

Everyone is entitled to an opinion but I have talked extensively on this forum on why this likely and not in the habit of repeating the same thing over and over again.

 

[Wergeland]

What is your basis of this?

Everyone is entitled to an opinion but I have talked extensively on this forum on why this likely and not in the habit of repeating the same thing over and over again.

Of course. We are on a public discussion forum after all.

European Union Exports to China - 2024 Data 2025 Forecast 2000-2022 Historical

European Union Exports to China was US$239.7 Billion during 2022, according to the United Nations COMTRADE database on international trade. European Union Exports to China - data, historical chart and statistics - was last updated on October of 2024.

tradingeconomics.com

The People's Republic of China

U.S.-China Trade Facts U.S. goods and private services trade with China totaled $579 billion in 2012 (latest data available). Exports totaled $141 billion; Imports totaled $439 billion. The U.S. goods and services trade deficit with China was $298 billion in 2012.

ustr.gov

EU exported $260 billion to China in 2021
USA exported $165 billion to China in 2020

Thats $425 billion combined. Which is 7 times more than BD projected total export to ALL countries in 2022.

Thats just numbers for China. I havent included Indian import stats yet.

 

[UKBengali]

Of course. We are on a public discussion forum after all.

European Union Exports to China - 2024 Data 2025 Forecast 2000-2022 Historical

European Union Exports to China was US$239.7 Billion during 2022, according to the United Nations COMTRADE database on international trade. European Union Exports to China - data, historical chart and statistics - was last updated on October of 2024.

tradingeconomics.com

The People's Republic of China

U.S.-China Trade Facts U.S. goods and private services trade with China totaled $579 billion in 2012 (latest data available). Exports totaled $141 billion; Imports totaled $439 billion. The U.S. goods and services trade deficit with China was $298 billion in 2012.

ustr.gov

EU exported $260 billion to China in 2021
USA exported $165 billion to China in 2020

Thats $425 billion combined. Which is 7 times more than BD projected total export to ALL countries in 2022.

What is that data got to do with BD matching exports to West with that to India/China combined in 10-15 years down the line?

Think we may be having two different conversations here!

To be crystal clear circa 2035 BD exports to West will be equivalent to BD exports to India/China combined.

Hope that clarifies this!

 

[Wergeland]

Think we may be having two different conversations here!

Right. Might have been a misunderstanding.

If you are saying BD export to India and China will equal BD export to combined West, then it becomes more attainable yes.

But still i have doubts, especially about India, they arent gonna buy BD products. I know its a Awami League dream but India is a opportunist nation, nothing like America who is willing to drive trade deficit with friendly countries decade after decade

 

[UKBengali]

Right. Might have been a misunderstanding.

If you are saying BD export to India and China will equal BD export to combined West, then it becomes more attainable yes.

But still i have doubts, especially about India, they arent gonna buy BD products.

India ALREADY is buying BD products - more than 2 billion US dollars in the fiscal just ended.

India is the 4th largest export market after USA, Germany and UK and by far the fastest growing for BD.

The proposed CEPA will just accelerate BD exports to India even further.

We need to forget what has happened in the past and focus on the present and future - BD is contracted to buy 500MW of hydroelectric power from a Nepalese plant being built by the Indians. Indians will buy 300MW and the Nepalese will be left with 100MW for themselves.

 

[BananaRepublicUK]

Right. Might have been a misunderstanding.

If you are saying BD export to India and China will equal BD export to combined West, then it becomes more attainable yes.

But still i have doubts, especially about India, they arent gonna buy BD products. I know its a Awami League dream but India is a opportunist nation, nothing like America who is willing to drive trade deficit with friendly countries decade after decade

India will import about 10 billion from BD because that will enable them to export about 40 billion to BD.

With all due respect to the US - it has ZERO ability to do 50 billion worth of trade with BD.

Only India and China are capable of that.

That’s how USA will eventually lose all leverage over BD.

Do you get that now?

@UKBengali

 

[rainbowrascal]

Can bet that a loan agreement will be discussed, maybe even deposit of dollar in Bangladesh bank. Still better than imf tbh...

 

[UKBengali]

India will import about 10 billion from BD because that will enable them to export about 40 billion to BD.

With all due respect to the US - it has ZERO ability to do 50 billion worth of trade with BD.

Only India and China are capable of that.

That’s how USA will eventually lose all leverage over BD.

Do you get that now?

@UKBengali

The problem with a lot of posters on the BD subsection is that they do not understand the new relationship that has now emerged between BD and India.

BD in 2022 is a more credible partner to India than it could have been in 2012.

Hinduvta Modi very well understands that BD holds the key to security and prosperity to the whole of the Indian Eastern region.

In essence a prosperous and successful BD is a strategic Indian national interest now, and hence that is why India has opened it's markets to BD products and this will accelerate further as CEPA deal is signed.

So when they talk about how BD will have to take about the West's side soon, they simply have not looked at the geopolitical realities of the world over the next 10-15 years before coming to this conclution.


Lastly, a lot of West's economic power lies in the fact that they still have control of semiconductors and aerospace technology and by 2040 China will wipe this out. Again the relative power slides to China as this takes place.

 

[BananaRepublicUK]

The problem with a lot of posters on the BD subsection is that they do not understand the new relationship that has now emerged between BD and India.

BD in 2022 is a more credible partner to India than it could have been in 2012.

Hinduvta Modi very well understands that BD holds the key to security and prosperity to the whole of the Indian Eastern region.

In essence a prosperous and successful BD is a strategic Indian national interest now, and hence that is why India has opened it's markets to BD products and this will accelerate further as CEPA deal is signed.

So when they talk about how BD will have to take about the West's side soon, they simply have not looked at the geopolitical realities of the world over the next 10-15 years before coming to this conclution.


Lastly, a lot of West's economic power lies in the fact that they still have control of semiconductors and aerospace technology and by 2040 China will wipe this out. Again the relative power slides to China as this takes place.

Yep!

It is sad seeing their lack of compression skills!

They cannot think beyond their paranoia!

They think your biggest trading partner can only be your best friend lol

Despite animosity US-China and Indo-China trade is huge.

We don’t need India to be nice - we just need them to be greedy.

Hinduvta has finally realised BD can be a top four trading partner.

Kerching!!!!!!

 

[UKBengali]

Yep!

It is sad seeing their lack of compression skills!

They cannot think beyond their paranoia!

They think your biggest trading partner can only be your best friend lol

Despite animosity US-China and Indo-China trade is huge.

We don’t need India to be nice - we just need them to be greedy.

Hinduvta has finally realised BD can be a top four trading partner.

Kerching!!!!!!

They still insist that India will not buy BD products but it is already the 4th largest export market for BD goods. Larger than all other markets apart from USA, Germany and UK.

Talking to these guys is like banging your head against a brick wall at times.

Most are decent guys I would admit but I wish they would take their anti-India bias out and look at the current realities of the world in 2022.

India has actually been very helpful recently in terms of selling refined oils and prioritising BD for wheat exports. Their depiction of miser India does not fit the actions it is doing at this time.

BD and India can never be true friends for obvious reasons but both have an interest in a close economic relationship for peace and prosperity in the region.

 

[VikingRaider]

They cannot think beyond their paranoia!

Perhaps 51 years history make us paranoid! However I turned extremely anti India from the time of NRC, CAA !

Still if India really interested to business, I never had any objections and I write about it many times!

( Not taking your general message personally, but since I don't trust India , so making my position clear) !

So business with India is fine. But becoming India's pet is unacceptable!

You see BAL ministers' remark on India ( like husband wife , blood relation bla bla bla ) always make Bangladesh a laughing stock!

Hinduvta has finally realised BD can be a top four trading partner.

We have to wait and see! If they really realize it , that's fine. But time will tell , if it's hoax , or fact!

After 51 years of unfair advantage , at least we should give them at least 5 years . If they really can treat us equally , only then people will have faith on them!

 

[Wergeland]

A prosperous BD is Indian national interest!?

Somebody been smoking something really strong lately.

 

[VikingRaider]

A prosperous BD is Indian national interest!?

Somebody been smoking something really strong lately.

You are right ! It's absurd that some people think like this way! If it's the fact , why India always sucked our blood since independence?

So what's their logic behind it , I have no idea!

Now suddenly what India has done so great that some of us are thinking in this way?

It's very absurd and there are many reason for people to think that , they prefer Indian interest more than Bangladeshi interest!

India never did anything good for us , other than some minor help in our war of independence , and that's also for their own benefit!

 

[UKBengali]

A prosperous BD is Indian national interest!?

Dude, rather than make flippant remarks try and argue your point as to why you disagree with someone.

Most of you guys are living in the past and that is why it is hard to take you lot seriously at times.

 

[BananaRepublicUK]

A prosperous BD is Indian national interest!?

Somebody been smoking something really strong lately.

Dude, given the hatred Hinduvta have towards Muslims - they will never have our back.

But they are sufficiently greedy to trade with us.

That’s all we need for a prosperous trading relationship.

Don’t mix business with pleasure.

You can make friends with 170 million Bangladeshis. Why do you fret about Indian as a foe?

If Israel can trade with Wahhabi Saudis - we can trade with India.