Understanding Bangladesh–China Relations from ‘Win-Win Cooperation’ and ‘NOISE’ Analysis Perspectives

Abstract

The study evaluates Bangladesh–China relations through the ‘win-win cooperation’ lens and concludes with a ‘NOISE’ (Needs-Opportunities-Improvements-Strengths-Exceptions) analysis. Bangladesh, a South Asian developing nation, has maintained a strategic partnership with Beijing since the establishment of their diplomatic ties. However, the relationship gained exceptional momentum after Bangladesh’s inclusion in the Belt and Road Initiative (BRI). Bangladesh’s need for growth-necessary financing and China’s massive foreign investment outlook have contributed to the growth of their economic engagements. The analysis suggests that the Bangladesh–China relationship exhibits ‘win-win cooperation’ dynamics. The study identified the significant trade gap, loan agreements, and disbursement delays, along with others, challenging the solid Bangladesh–China bilateral economic interactions. The Rohingya refugee crisis resolve and geopolitical competition among major powers are two non-bilateral issues that could potentially impact future Dhaka–Beijing relations. Overcoming the existing barriers could position Bangladesh–China relations as a model for smaller-major power bilateral relations, particularly for developing nations. It is a desk research by design. The findings of this study may provide insights to policymakers in addressing the existing barriers to meet future needs.

Keywords

• Bangladesh–China relations
• Belt and Road Initiative (BRI)
• win-win cooperation
• NOISE analysis