China and Egypt are deepening their economic partnership. Beijing is now Egypt’s biggest trading partner, with trade reaching $11 billion last year.
Chinese direct investments reportedly increased to $260 million, as well. Earlier this month, the two countries signed new agreements with the expectation of further growth ahead. It’s all part of China’s ever-expanding Belt and Road Initiative.
CGTN’s Adel El-Mahrouky has more from Cairo.
Follow Adel ELMahrouky on Twitter @AdelMahrouky
- Mirette Mabrouk focuses on Egypt as a Senior Fellow with the Middle East Institute.
- Liu Kang is a professor of Chinese Studies at Duke University.
- Afshin Molavi is the editor of The New Silk Road Monitor and a Senior Fellow with the Johns Hopkins School of Advanced International Studies.
- Khaled Dawoud is the Editor-in-Chief of Al-Ahram Weekly.
New Cairo: “A smart city means a safe city, w cameras & sensors everywhere. There will be a command centre to control the entire city.” Hmm, want to ask Rio how well that worked for them? Only thing remaining is the surveillance https://t.co/UbXhxERk4H
— RE Sieber (@re_sieber) May 8, 2018
China-Egypt relations! See latest Aljazeera documentary. https://t.co/jHofLj13DE
— Chinese Studies (@CCS_STELL) October 18, 2017