Published on 12:00 AM, October 02, 2010

Editorial

Congratulations to China on her founding anniversary

Looking forward to concrete partnership for progress

We felicitate the government and the people of China on the occasion of her 61st founding anniversary which also coincides with the 30th year of China-Bangla relations. So we are doubly keen in sharing the Chinese moments of rejoicing and celebration as partners in progress.
The People's Republic of China is highly regarded for the stunning example she has set of sustained economic growth averaging 10 percent. She has emerged as the fastest growing economy in the world in spite of global recession and even moved ahead of Japan as an economic power house. The way she has managed and utilized her resources, harnessed technology in implementing mega growth plans and, above all, invested in world-wide projects is simply spectacular. China has pulled out millions from the grip of poverty. There is so much to learn from China and how much more can it indeed do for Bangladesh.
Moving on to relations between Beijing and Dhaka, China regrettably siding with Pakistan in our liberation war notwithstanding, engagement between Bangladesh and China has moved from strength to strength in the last 30 years. A process of maturation of ties has been perceptible as China came forward in assisting development of infrastructure in Bangladesh and showing interest in regional connectivity. This needs to be carried forward. We are looking to prospects of more active partnership in terms of qualitative transfer of technology, bridging trade deficit that is heavily tilted against Bangladesh and investment in and relocation of industries with buy-back arrangements by way of reducing the trade hiatus. In fact a greater inter- penetration of markets is awaited.
Both India and China are emerging economies of great import and we would like to have useful and productive ties with both without in any way being drawn into the sensitivities of their relations. If China and India despite some angularities in their relations could evolve close economic and trade cooperation, why can't China-Bangla relations and Indo-Bangla relations grow to their full potential in quest of a stable, prosperous and peaceful region.
We take this opportunity of wishing the government and the people of China sustained economic development and greater prosperity and well being in years to come.