CaPtAiN_pLaNeT
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dont count the chickens before they are hatched !!
China have a habit of destroying local industrial capacity in any small country!! But they hide that by building free roads , hospitals etc.. And finally they earn more than they invested !!
Lets see in the case of BD
We are not naive or small country in terms of population that any country will come and destroy local industry so easily. If any country is doing it is India. Regarding counterfeit cheap electronics people have always a tendency to buy cheap products and her also in Canada, but it is not gonna do anything to local industry as local industry of Bangladesh do not produce them. Instead we are looking for ways to expand our export to China. For other export we need to produce more value added products that we can export to China. We are gradually moving towards that direction.
BD should take intro account the Trade deficit. More it increases, more it will affect your local industries. Just keep interest of local industries at higher priority than allowing Chinese products to take over the market.
BD should take intro account the Trade deficit. More it increases, more it will affect your local industries. Just keep interest of local industries at higher priority than allowing Chinese products to take over the market.
Bd do not produce most of the thing that we bring from China. So no chance of destroying local industry.