China is playing an important role in Bangladesh’s infrastructure development. It has upgraded Chittagong port and is building an industrial park there. It is also constructing road and railway lines linking this Bay of Bengal port to Kunming in China’s Yunnan province. China has also built eight friendship bridges in Bangladesh, including the $3.7 billion roads and rail bridge across the Padma River. Additionally, China is investing in a $1 billion project to improve digital connectivity. And China is investing heavily in Bangladesh’s power sector.

Indeed, most of its investment in the 2018-19 fiscal year went into Bangladesh’s energy sector, particularly to coal-fired power plants, including those being constructed at Chittagong and Payra.