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After Pakistan, China trying to build economic corridor to Myanmar

BEIJING: China and Myanmar are close to signing a deal on the establishment of a China-Myanmar Economic Corridor along the lines of the controversial China-Pakistan Economic Corridor (CPEC). Once launched, the project will unleash a massive inflow of Chinese funds to Myanmar which can further weaken Indian influence over its eastern neighbor. A senior Myanmar […]

Yangon Seeks to Upgrade its Ports

Yangon Region Government Chief Minister Phyo Min Thein said that his government was trying to upgrade the existing ports in Yangon and building new ones for the development of trade. He said at the meeting with businessmen and the Vice-President on November 24 that they were doing this works as Myanmar had good opportunities if […]

China Faces Increasing Competition in Myanmar

Chinese domination of Myanmar can not be denied, as China is Myanmar’s top trading partner, and over the past three decades has also emerged as the single largest source of foreign direct investment (FDI) in the southeast Asian state. Myanmar-China bilateral trade had already reached $5.5 billion in the first half of the present fiscal […]

Phu Trong Visit to Boost VN’s Economic Ties with Myanmar

ECONOMIC activities between Myanmar and Vietnam are likely to be more active thanks to the upcoming visit by Phu Trong, general secretary of the Communist Party of Vietnam (CPV), says Chu Cong Phung, former Vietnamese ambassador to Myanmar. Phu Trong will visit Myanmar from tomorrow to August 26 upon the invitation of President Htin Kyaw […]

Kyaukphyu: Asia’s Next Commercial Hub to Rival Singapore and Hong Kong

In a 13-minute project promotion video China International Trust and Investment Company (CITIC) celebrates the wonder of Asia’s rapid development with portraits of the pre-industrial ports of Singapore, Hong Kong and Taiwan’s Daxi fade into their modern incarnations of high-rise glass and steel marvels. The final image, however, is particularly jarring: a container ship approaches […]

ASEAN Summit: Assertive China flexes its muscles as Trump gives conflicting signals

Bangkok (ANN News Desk) – Obama’s pivot to Asia is dead. Despite the Trump administration’s confrontation with North Korea dominating headlines for the past several weeks, in the back channels of a major regional summit, diplomats all whispered the same thing, the pivot was over. If anything, Trump’s obsession with North Korea and the administration […]

New Myanmar oil pipeline bolsters China’s energy security

The opening of an oil pipeline through Myanmar is a big step forward for China’s energy security, reducing the major importer’s reliance on shipments through waters where the U.S. exerts strong influence. Chinese President Xi Jinping and Htin Kyaw, his counterpart from Myanmar, agreed Monday to activate an oil pipeline stretching roughly 770km from Kyaukpyu, […]

Oil Pipeline Through Myanmar Highlights China’s Growing Import Dependence

Oil began flowing into a crucial pipeline in Myanmar this week, after years of delay. The pipeline, along with a twin natural gas line running along the same route, is an essential element of China’s strategy to diversify its sources of oil supply. When the pipeline reaches maximum capacity, it could account for as much […]

China offers $11.5 billions in loans, credit to Southeast Asia

China will offer $11.5 billion (£8.1 billion) in loans and credit lines to five Southeast Asian countries for infrastructure and other projects, Premier Li Keqiang said on Wednesday. In 2014, Li offered $20 billion in loans to Southeast Asia, while visiting Myanmar to attend an East Asian summit, an attractive proposition for a region struggling […]

America’s estrangement from Thailand

The American public increasingly thinks of Thailand as unstable, a perception fueled by official criticism of Thailand’s politics. Although this criticism is partially driven by developments in Thailand, it is also a result of uncoordinated and reactionary foreign policy. A recently released movie, No Escape, features an American family desperately trying to flee from an […]