The China-Egypt Teda Suez Economic and Trade Cooperation Zone. Photo: Handout
China buckles in its belt and road ambitions with Suez investments
- Chinese companies are tapping into opportunities to set up industries with access to markets in the Middle East and Europe
- China is biggest user of Suez Canal, where more than 10 per cent of global trade passes every year
The China-Egypt Teda Suez Economic and Trade Cooperation Zone. Photo: Handout