Chinese factories suffer losses in Egypt

The turmoil in Egypt is not only affecting ordinary Egyptians, but is also affecting the fortunes of Chinese companies in the country.

According to the Chinese Embassy in Egypt, the personal safety of Chinese citizens has not been affected, but the economy is going through a bad phase.

As a result, most Chinese factories have stopped work. Some Chinese nationals have returned to China seeing the tough situation. There are more than 8 thousand Chinese nationals living in Egypt. Most of them run factories and shops, while some work for companies including the telecom equipment manufacturer-- Huawei.