Dhaka, Aug. 24 -- Bangladesh seems rapidly emerging as an investment hub for Chinese manufacturers seeking to diversify production bases to tide over high tariffs imposed by the United States on Chinese goods.

Such change of fortune is in sight as a number of companies from China have recently signed agreements with the Bangladesh Export Processing Zones Authority (BEPZA), and officials think others may be up and coming for relation.

They say this trade migration highlights growing confidence of Chinese investors in Bangladesh's economic zones, particularly the BEPZA Economic Zone (BEPZA EZ) in Mirsarai, close by the Chattogram seaport.

Officials of the BEPZA have said the country's preferential duty benefits on the vast European Union...