US Senator introduces bill which aims to ban Chinese investment in agribusiness

Washington: U.S. Senator Mike Rounds (R-S.D.) introduced legislation that would blacklist China, Russia, Iran, and North Korea from investing in, purchasing or otherwise acquiring land or businesses involved in agriculture.

Chinese investor sets up textile factory in Pakistan’s Lahore

Lahore: China-Pakistan Economic Corridor Authority Chairman Lt Gen (retd.) Asim Saleem Bajwa has termed an export-oriented textile factory, established by a Chinese investor in the country’s most fashionable city Lahore, as a role model for new special economic zones.

Indian investment falls, Chinese investment rises, in Nepal

Foreign direct investment (FDI) from India in Nepal declined by around 81 percent in the first nine months of the current fiscal year in comparison to the same period in the last fiscal, reported the Kathmandu Post. Overall FDI in the Himalayan nation has also slumped by 12.68 percent.

Bangladesh drops plan to develop deep-sea port at Sonadia island in which China was keen to invest

Dhaka: The Bangladesh government has dropped the plan of developing a  deep-sea port at Sonadia island in which China had keen interest in investing, said media reports.