Political tremor sends shockwaves through financial markets An abrupt change in Myanmar’s political landscape on Monday sent instant shockwaves through its financial markets. For Chinese businesses exploring opportunities in the Southeast Asian economy, one of the fastest-growing in the Asia-Pacific region, the disruption has yet to have a major impact on their operations, according to […]
Myanmar’s political disruption yet to have major impact on operations of Chinese businesses
IFC report recommends alternatives to high-risk Myitsone
A government-sponsored study warned against restarting the highly controversial Myitsone dam and recommended alternatives to develop the country’s hydropower sector. The final version of the Strategic Environmental Assessment (SEA) of the hydropower sector, supported by the energy and environment ministries and authored by the International Finance Corporation, has been published. The SEA involved a range […]
China clinches multi-billion-dollar strategic port deal with Myanmar
China has clinched a multi-billion-dollar deal to build a port + at a strategic town along the coast of the Bay of Bengal in Myanmar, its third project in India’s neighbourhood after Sri Lanka and Pakistan. China and Myanmar signed an agreement on Thursday to build the deep sea port project in Kyaukpyu town after […]
China’s poverty alleviation efforts in Myanmar help ease Rakhine State situation
China has been paying close attention to the Rakhine State conflict in Myanmar and the ensuing refugee exodus to Bangladesh. In March, during the legislative two sessions, Foreign Minister Wang Yi said China has always insisted on a peaceful and rightful way of dealing with international affairs, especially those at the center of attention. Nearly […]
Questions Remain Over Chinese Involvement in Myanmar Violence
Violent clashes between government troops and ethnic rebels have continued unabated in Myanmar’s northern Shan state since February 9. The fighting, which pits the Myanmar National Democratic Alliance Army (MNDAA) of the Kokang ethnic group against the national army, has sparked accusations that China has a hand in the conflict (the Kokang are ethnically Chinese). […]
China won’t interfere in Myanmar’s domestic affairs
China debates bridging Silk Road blueprint with India’s “Look East” policy in Myanmar China has assured Myanmar that it will not interfere in its domestic affairs, despite a cross-border surge in the Yunnan province of refugees, who are escaping fighting following a military offensive in northern Myanmar. Heavy fighting between the Myanmar army and Kokang […]