"Xi's upcoming visit to Bangladesh is likely to raise bilateral relations to new heights and result in a large amount of investment and loans to improve local infrastructure in the South Asian country," an article in the state-run Global Times said.
"India need not be jealous of an increasingly close relationship between Beijing and Dhaka, because the improvement of local infrastructure and the overall economic ecology in Bangladesh will create favourable external conditions for connecting with markets in India, China and Southeast Asia,"said the article titled 'India has nothing to fear from closer relationship between China and Bangladesh'.
Xi is scheduled to visit Dhaka later this week during which he was expected to announce some big ticket Chinese investments in Bangladesh.
According to reports from Dhaka, investments could amount to USD 40 billion.
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Xi's visit is seen by some in India as a "trip to snatch the South Asian country from the embrace of New Delhi. The groundbreaking visit to Bangladesh is likely to help consolidate bilateral ties and boost economic cooperation between the two countries," it said.
The article said there is a popular view that China is trying to carve out for itself a pre-eminent role in South Asian affairs and that it intends to contain India's rise by seeking closer cooperation with countries like Bangladesh, Pakistan, Nepal, Sri Lanka and Myanmar.
"But such views are too simplistic. Some Indian people may mistakenly flatter themselves when they think China's Belt and Road initiative is aimed at balancing India's influence," it said.
"Bangladesh's geographic location makes it an irreplaceable link connecting India and China, and efforts to boost the local economy and improve infrastructure in Bangladesh could bring development momentum for the Bangladesh-China-India-Myanmar Economic Corridor," it said.