BAHRAIN, CHINA FOR GREATER TIES

The Economic Development Board (EDB) Chief Executive Khalid Al Rumaihi yesterday stressed that bilateral relations between Bahrain and China is growing fast and that the Kingdom is looking forward to welcome more investors from China.

“In Bahrain, Chinese investors will find one of the most open economies in the region and a favourable business environment for investors,” said Al Rumaihi.

Rumaihi was receiving a delegation of Journalists from leading Chinese economic publications, as part of EDB’s effort to promote investment opportunities in the Kingdom.

The journalists represent top Chinese publications, including The Economic Observer, China Economic Herald, Asia Pacific Times, and Caixin. The visit follows on His Majesty the King’s historic visit to China in 2013.

The journalists also met with EDB officials, including Dr. Jarmo Kotilaine, Chief Economist at the EDB.

Bahrain and China have a strong trade relationship that dates back two thousand years to the first Silk Road. The Kingdom is host to a number of leading Chinese companies, which have established offices or facilities in Bahrain to access the wider Gulf market. They include: Huawei, Bank of China, China Harbour Engineering Company Ltd, and CPIC.