(UPDATE) DHAKA: France's President Emmanuel Macron was in Bangladesh on Monday in a bid to "consolidate" his country's Asia-Pacific (APAC) strategy and counterbalance a "new imperialism" in a region where China's influence is increasingly being extended.

"Based on democratic principles and the rule of law, in a region facing new imperialism, we want to propose a third way — with no intention to bully our partners or to lead them to an unsustainable scheme," Macron told Bangladeshi Prime Minister Sheikh Hasina.

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