THE INVASION OF CHINESE CONSUMER GOODS -II
I wrote about it last year. Cheap Chinese products have flooded the Bangladeshi market resulting in a rise in Chinese imports by about 42 percent last year. Instead of giving protection of the local manufacturing industry, the government has nodded to let Chinese set up a large wholesale market of Chinese goods in Bangladesh. The government would describe it as a part of its go east policy at the expense of local manufacturing industry and millions of jobs.