$3.6b Chinese loan uncertain after Dhaka drops projects from agreed list

Bangladesh's hope of securing $3.6 billion in Chinese loans for five projects may not materialise as Dhaka has unilaterally decided to replace them in a list focusing bilateral cooperation. The list was in a memorandum of understanding (MoU) highlighting investment and production capacity cooperation, signed during Chinese President Xi Jinping's Dhaka visit in October 2016.