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Friendship at arms-length
Bangladesh really does not matter, but China is willing to remain a good friend.
The defining moment in Sino-Bangla relations probably came during the killings of 1971, when Beijing chose in its self-interest to side with Islamabad and Washington DC. (Those were the days of Henry Kissinger´s shuttle diplomacy in which Pakistan was acting intermediary.) Besides, India, which was backing the Bangla population, was friendly with the Soviet Union, which, in turn, was not friendly with China.
There are those in Dhaka who remember that the Chinese did not even send a protest note to Pakistan on the massacre of innocents in the east. Realpolitik had won hands down over other ´realities´.