Dhaka, May 20 -- China has sought a better investment climate in Bangladesh as its businesses are ready to set up establishments here, officials said on Tuesday.

They said many Chinese businesses at a working-group meeting in Dhaka last week expressed their willingness to invest in Bangladesh and stressed the need to improve the business climate

The 'impoverished business climate' has long been preventing them from moving ahead with their plans, they pointed out at the meeting of the joint Bangladesh-China Working Group (WG) on economic cooperation and investment.

The meeting was held after a six-year hiatus.

Representatives from the Chinese Ministry of Commerce, the Chinese Embassy in Dhaka, and the Economic Relations Division (ERD) ...