China Moots Economic Corridor with Myanmar for Easy Access to Indian Ocean

China has proposed to build an economic corridor with Myanmar to enhance trade investments, which Chinese experts say would allow access to the Indian Ocean for the country. Chinese Foreign Minister Wang Yi who visited Myanmar made the proposal yesterday. The proposed corridor is regarded significant as the BCIM (Bangladesh, China, India, Myanmar) Economic Corridor […]

China-Myanmar Oil Pipeline Opens Enhancing Tie

BEIJING: Crude oil began flowing from Myanmar to China over a 1,420 km long pipeline putting the relationship between the two countries on better footing. The oil reached Ruili, a border city of in China’s Yunnan Province at 4 p.m. on Friday according to the state owned China National Petroleum Corporation, which built the pipeline. Oil will flow through the pipe at a speed of […]

Myanmar’s Logging Ban Feeds shadow Economy of Illegal Trade

For the duration of the ban, which runs into April 2017, any demand for wood is expected to be met through stockpiled wood controlled by the government’s logging entity Myanmar Timber Enterprise (MTE). The ban is seen as a way to not only protect Myanmar’s forests but to save lives. In 2012 the UN ranked […]