China Yunnan courting Myanmar with investment and BRI

Myanmar’s economy is inextricably linked to neighbouring China. The country exports more than half its agriculture produce across the border, making China one of its largest trade partners. Meanwhile, China is also the largest investor in Myanmar, with total approved investments totaling US$19.1 billion as at August 31. As a whole, foreign direct investments from […]

Ruili — China’s gateway to Myanmar

The Jiegao border area is located in Ruili, a frontier city in China’s Yunnan province. Geographically, Yunnan occupies a unique position. Shortly after day break, under the cover of heavy monsoon clouds, the Jiegao border trading area — a medium-sized 2 sq. km. complex — appears desolate. In the half-light of the early hours, long-haul […]

China-Myanmar oil, gas project benefits both

The China-Myanmar crude oil and gas pipeline, a pioneer project of the China-proposed Belt and Road Initiative, has brought tangible benefits to both sides, and won broad support. The pipeline project consists of a crude oil pipeline and a natural gas pipeline, which run from the port of Kyaukpyu on Myanmar’s west coast to Ruili […]

CNPC loads first crude oil into Myanmar-China pipeline

China’s state-owned refiner China National Petroleum Corp (CNPC) said it has loaded the first crude oil through its Myanmar-to-China pipeline, the latest step towards supplying crude to its new refinery in Yunnan province. Some 1,150 cubic meters per hour of crude flowed into the 770-kilometre (480 mile) pipeline from Tuesday, CNPC said in a statement […]

Jade and Redwood Traders Struggle in China

China’s jade and redwood traders are seeking to diversify their business as domestic demand drops and the Myanmar’s new government tightening its grip over natural resources. “The sales of high-end gemstones have been tepid the last two years,” Kyaw Win Khaing, a Chinese-born Myanmar national who has been selling Myanmar jade in Ruili, Yunnan Province, […]

Hiatus in timber smuggling from Myanmar to China

Monitoring of key crossing points along the Myanmar-China border by the Environmental Investigation Agency (EIA) reveals a sharp downturn in the volume of illegal timber being smuggled between the two countries during the past six months. In September 2015, EIA released the report Organised Chaos, which documented surging illicit trade in logs via the land […]

Dry port discussions under way on China border

The Shan State government has approved the project, and has asked First Golden Dragon Company to secure consent from landowners, said Muse district administrator U Kyaw Kyaw Htun. The company hopes to build a 210-acre dry port including a highway bus station, space for trucks to load and unload, cold storage and new warehouses, he […]

High hopes for business zone on China-Myanmar border

An ambitious new economic zone at Myanmar’s largest trading point with China will bring new business opportunities for the two countries, officials and residents said at the project’s soft opening in Shan State’s Muse last week. Around 80 percent of Myanmar’s formal overland trade with China passes through a border point a few miles from […]

Mandalay jade traders say worst year ‘ever’ for sales

Jade traders in Mandalay say this could be the worst year ever for business. The main cause they cite is the absence of Chinese buyers, possibly nervous about the outcome of next month’s election. In interviews on October 25 at the Maha Aung Myay Gem Trading Centre, one trader after another bemoaned their current lot. […]

Fashion stores finding the right supply

Most of the shops are still small-scale affairs, however. While the shopkeepers work on the retail aspect of their stores, often the biggest challenge they face is choosing the right supply. Local fashion shops are usually supplied with foreign-made goods. The owners must weigh the pros and cons of buying at other local markets, making […]