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China Leads Investment in Yangon

YANGON—China was the largest investor in Myanmar’s financial hub, Yangon Region, in the first nine months of the current fiscal year, according to the Directorate of Investment and Company Administration (DICA). China is already the second-largest investor in the country. The director of DICA’s Yangon Region Office, U Myo Khaing Oo, said on Wednesday that […]

Heavy scrutiny on Chinese investments in Myanmar

YANGON: In Myanmar, opposition to Chinese-backed projects is mounting. Locals allege that Beijing is only interested in exploiting their natural resources, and new trade deals may lead to growing scrutiny over Beijing’s influence there. The suspended Myitsone dam development in northern Myanmar is just one example of how citizens have long been up in arms […]