Source: CCTV.com
03-16-2009 21:18
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Background Report:
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Intro:
This year marks the 10th anniversary of the establishment of China-Egypt strategic cooperative ties, however it is also the toughest year for the economic development in two countries.
Egypt has the advantage of a good geographic location, crossing Asia and Africa and nearing the Europe countries. But its economy depends heavily on foreign capital, facing potential decline in tourism, possible decrease of foreign investment and sharp deduction of Suez Canal revenues.
Is Egyptian economy able to contain the global crisis? Why does Egypt emphasize the cooperation among developing countries? What is Egypt’s vision for the new global order?
