Myanmar and China to Cooperate on Economic Corridor

YANGON — Myanmar and China agreed Friday to build an economic corridor between the two countries, furthering Naypyitaw’s efforts to strengthen ties with Beijing as criticism over the Rohingya refugee crisis pushes it away from the West. The idea was proposed at a meeting between Myanmar State Counselor Aung San Suu Kyi and Chinese President […]

Myanmar Goes Ringside at China-India Bout

‘China will go all out to help Myanmar in time of crisis. India will also help Myanmar, but it does not go all out,” was the light-hearted comment made by a seasoned Asean diplomat based in Yangon recently. He was referring to the behaviour of Myanmar’s two powerful neighbours these past months, which is providing […]

India China News: China hints it can rename CPEC if India joins OBOR initiative | India News

BEIJING: The Chinese foreign ministry on Thursday responded to a statement by its ambassador in India, Luo Zhaohui, who recently said Beijing is prepared to rename the China-Pakistan Economic Corridor (CPEC) to address India’s concerns+. The ministry neither endorsed nor denied Luo’s statement, suggesting that it was encouraging Luo to negotiate with New Delhi over […]

China’s latest Myanmar megaproject courts controversy

Nearly two years ago, Myanmar chose a Chinese consortium led by the state-run Citic to develop a $10 billion port and industrial park that could turn into the country’s largest foreign investment. With Beijing pledging to create 100,000 jobs and transform a poor region, the Kyaukpyu port plan potentially represents a huge win for Myanmar. […]

How EuroCham Myanmar helps Myanmar’s economy

Filip A. Lauwerysen is the Executive Director at the newly established EuroCham Myanmar (European Chamber of Commerce in Myanmar) since September 2015. Mr Lauwerysen is a Dutchman who graduated from Leiden University in the Netherlands with a Bachelor and Master of Arts in History, specialised in European globalisation (mainly in Asia). Then he also went […]

Bangladesh losing its geo-economic importance to Myanmar

The Rohingya refugee crisis has exposed Bangladesh’s diplomatic weaknesses. No permanent member of the United Nations Security Council has strongly backed Dhaka to solve the refugee problem. China rendered its support to Myanmar at the UN so that the country does not face any immediate threat such as sanction. The United States’ intention to solve […]

Moscow steps up business with Nay Pyi Taw

At a Russia-Myanmar Intergovernmental Commission on Trade and Economic Cooperation (RMIC) meeting in Moscow last month, Russian commission chair Minister Maksim Oreshkin and Minister for the Ministry of Planning and Finance, U Kyaw Win, signed an agreement to set up a Russia trade representative office in Yangon. The trade representative office should be launched by […]

China-India rivalry warms up in South Asia

For all the bilateral co-operation and warmth within the BRICS and other institutions, the intense China versus India rivalry remains as competitive as ever in South Asia. Being the stronger and more developed country, China generally takes the initiative in the race for regional supremacy and sets the pace. Its latest move, an offer for […]

Myanmar army moves worry China

Since the Kofi Annan Commission on Rakhine state announced its recommendations a month ago, Aung San Suu Kyi has been insisting that her government is committed to implementing them. As a part of this plan, a ministerial-level committee to monitor progress on the implementation of the commission’s recommendations has been formed. But the government has […]

Belt and Road, Kaladan and the future of Rakhine’s economy

THE economy in the resource-rich Rakhine State is throttled by the crisis as well as the accompanying international backlash, dashing any hope of massive foreign investment in the near future. In the meantime, local communities in Kyaukphyu have demanded the stake ratio of the proposed Kyaukphyu port to be restructured so as to allow a […]