Chinese investments in Bangladesh may defect Iran

The Chinese government has invested more than £2.3 million ($3 billion) into building the Padma – known as the Ganges in Bangladesh – as part of its wide plan to spend £23.1 billion ($30billion) in Bangladesh infrastructure, causing controversy over China’s investments with Iran. The 6km bridge over the Padma river will link the north and south of Bangladesh by road and rail, marking one of Bangladesh’s most challenging infrastructural projects to date. China’s investment comes after the World Bank pulled out £935.4 million ($1.2 billion) from the Padma bridge…

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