Myanmar: Ground Zero for China-India Energy Competition | Geopolitical Monitor

Since the early 1990s, China’s remarkable economic growth has led to a dramatic increase in its domestic energy needs, prompting its state-owned national oil companies (NOCs) to embark upon a worldwide search for oil and gas reserves. This strategy has been successful in diversifying import sources and satisfying the demands of a growing economy, yet […]

China resets ties with Myanmar with USD eight billion deals

Seeking to reset ties with Myanmar, China today signed USD eight billion trade deals with its southern neighbour after relations went through a turbulent period following the country’s gradual transition to democracy from years of Beijing-backed military rule. The two countries signed several trade agreements worth about USD 7.8 billion after talks between Chinese Premier […]