Bangladesh, Oct. 15 -- Bangladesh is seeking to shift its financing relationship with China from loans towards direct investment and joint ventures, as the government looks to reduce reliance on borrowing and attract more foreign capital, Finance Minister Amir Khosru Mahmud Chowdhury said on Wednesday.

"We talked about changing our financial architecture ... We are gradually moving away from the state-to-state model towards investment and partnership," he said after meeting officials of the Export-Import Bank of China on the sidelines of the IMF-World Bank annual meetings in Bangkok.

The minister said future Chinese financing should increasingly focus on investment rather than loans, calling for joint efforts to reshape the existing fi...