The monthly magazine China Today is under fire over its cover photo for a story on China-Myanmar relations. The cover of the June issue featuring the old palace walls in Mandalay with a reflection of a Chinese palace wall in Mandalay’s moat has gone viral this week. Social media commenters said the picture undermines the […]
Watch out for Kyaukpyu port and China-Myanmar Economic Corridor
The port will give China access to the Bay of Bengal and cut short almost 5,000 km of sea route. Last year on 19 November, China’s Ministry of Foreign Affairs revealed that during his meeting with the State Counsellor and Foreign Minister Aung San Suu Kyi in Nay Pyi Taw, Foreign Minister Wang Yi proposed […]
Trade war will drive Chinese investment in Asean to US$500 billion by 2035, think tank says
Chinese investment in Asean countries is set to more than triple to US$500 billion by 2035, with the US-China trade war likely to provide a catalyst for the spike, according to a regional think tank. The claim was made in a report published on Thursday by the Asean+3 Macroeconomic Research Office (AMRO), a regional macroeconomic […]
Kyaukphyu SEZ Project Awarded to China for Lack of Options, Ex-Minister Says
NAYPYITAW—Myanmar’s government did not want Chinese investment in the deep-sea port and special economic zone (SEZ) projects in Rakhine State’s Kyaukphyu, said U Kan Zaw, who served as minister for national planning and economic development under U Thein Sein’s administration. The previous government expected investment from the US and EU in the two projects, U […]
Why Myanmar is concerned about Chinese investment
I write in response to an article published here by an assistant fellow at the One Belt-One Road Strategy Institute of Tsinghua University. In my opinion, the article misread the true situation in Myanmar and might unintentionally jeopardize the reform agenda of the National League for Democracy (NLD) government, particularly in regard to economic development […]
Myanmar shouldn’t write off China without understanding her neighbour
An old Chinese proverb goes like this: “Three men make a tiger.” It means that if an unfounded premise is repeated many times, the premise will be accepted as the truth. Once this “tiger” is invented, it would be extremely difficult to dispel it from people’s minds, especially when we are living in a post-truth […]
Davos 2018: China’s economic shift and implications for Myanmar
Myanmar will capture Chinese investment as Beijing prioritises poverty alleviation and development in Yunnan AS the fight against poverty takes centre stage in Beijing’s economic policy, Yunnan and Myanmar will remain a priority for Chinese investment, while China’s fast-growing middle-income population, especially those in the southwest, presents a crucial market for Myanmar’s growth-oriented businesses as well […]
Mya Khwa Nyo Housing Project to be built under Chinese investment
YANGON- Myanmar will be implementing Mya Khwa Nyo Housing project which cost over US$ 70 million joining hand with the Chinese investment, according to the press conference organized by Myanmar Investment Commission held on January 19th. The project will be built on over 3-acre wide land plot in Tharkayta Township, Yangon Region. “It is China- […]