After winter gas crunch, China pumps for underground storage

CHONGQING, China (Reuters) – On one of the many mountains in southwest China’s sprawling region of Chongqing, a dozen wells in an exhausted gas field are this week starting to take in fresh fuel piped in from Central Asia’s Turkmenistan, thousands of miles away. For the next six months, state energy giant PetroChina, operator of […]

Myanmar to upgrade 3 local airports to receive Chinese tourists

Some local airports will be upgraded to international-standard airports as a part of a slew of projects under China’s Belt and Road (B&R) initiative, according to U Kyaw Win, Union Minister for Planning and Finance. Backed by rising incomes, some 13 million Chinese are travelling abroad yearly but less than half a million came to […]

Devil will be in the detail for Belt and Road courts

But as details have yet to emerge, it might be premature to judge. THE new Belt and Road courts could complement existing common law-based arbitration institutions and widen the choices for project parties, but the devil could be in the detail, such as the structure, composition of judges and governing rules, experts have warned. In […]

Experts Divided Over Ramifications of Belt and Road Courts on Myanmar

“This is bad news for Myanmar. It will undermine Myanmar’s sovereignty and empower multinational corporations,” said Dr Charlie Thame from Thammasat University. CRITICS questioned Beijing’s decision to set up three commercial courts in China to resolve Belt and Road-related project disputes, arguing that legal disagreements involving transnational investors should be settled in host states or […]

What Did the Russian Defense Minister’s Myanmar Visit Accomplish?

Over the weekend, Russia’s defense minister visited Myanmar as part of a broader Southeast Asia tour. The trip and the resulting agreements once again placed the focus on the ongoing Russia-Myanmar military cooperation which has experienced an uptick of activity in recent years. As I have noted before, Russia-Myanmar defense relations have long existed, with […]

China Bounces Back in Myanmar as West Retreats

The year 2017 was a momentous one for China in so far as regaining its ground in Myanmar is concerned. China not only leveraged its salience in the ongoing peace and reconciliation process but also took advantage of Myanmar’s difficulties with the UN and the Western countries on the Rohingya crisis. Further, Beijing was able […]

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. […]