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With much pomp and circumstances, Xi Jinping in October 2016 arrived in Bangladesh, the first visit by a Chinese president in 30 years.
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The domestic market of electrical products and wiring solutions is growing fast thanks to the rapid urbanisation, increased availability of electricity and rising purchasing power of the general mass.
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In 1905, construction began of a palatial house in Dhaka. That resplendent Mughal architecture-style building today is known as Bangabhaban, the official residence and principal workplace of the president of Bangladesh.
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Just two years ago, Bangladesh was dependent on imports to meet 95 percent of its demand for motorbikes. But the situation has completely reversed: Today, around 96 percent of the two-wheelers plying on the roads are either locally manufactured or assembled, industry people said.
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India wants its Exim Bank to monitor the projects it is financing in Bangladesh.
