Via China.org, a report on the new China-Myanmar corridor: At the end of August, the first batch of cargo arrived in China’s Sichuan province via the new China-Myanmar corridor. The goods started out in the Port of Singapore from where they were shipped through the Indian Ocean to Yangon, before being transported on to China […]
Read more »Via The Diplomat, an article on Chinese investments in Myanmar which – paradoxically – involves collaboration with the Myanmar military which could mean more instability in the long run: Since the coup in Myanmar on February 1, some foreign investors have pulled out, suspended, or scaled down their businesses in the country. Chinese state-owned enterprises (SOEs), however, […]
Read more »Via Bloomberg, an article on M1 Group’s commitment to invest in Myanmar’s telecom sector: Lebanese investment firm M1 Group pledged to spend $330 million over the next three years to expand the Myanmar telecom business it’s buying from Norway’s Telenor ASA, bucking moves by many international investors to exit the Southeast Asian nation after the military seized power […]
Read more »Via The Asia Times, a look at how monetary wealth may have instigated the recent coup in Myanmar: By seizing absolute power, Myanmar coup leader Senior General Min Aung Hlaing has protected his and his family’s financial interests and the military’s unscrutinized economic domination. Min Aung Hlaing spent much of his military career as a […]
Read more »Via OilPrice.com, an article on China’s petroleum interests in Myanmar: Two countries linked by an energy source, China and Myanmar have become closer partners over the last few years due to their connection via an oil pipeline. Having seen the success of energy transportation between the two states, China plans to invest further in Myanmar […]
Read more »Via The Diplomat, a report on how – while infrastructure is high on China’s agenda in Myanmar - it is also making headway in other important sectors: A year after Chinese President Xi Jinping’s first state visit to Myanmar, Foreign Minister Wang Yi is scheduled to arrive in the capital Naypyidaw today for a two-day official visit. […]
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