Irrawaddy-Dec 23

Faced with record lows of foreign direct investment, Myanmar’s military regime is pushing China to restart several stalled infrastructure projects, including railways, ports and power projects, and to accelerate bilateral cooperation over the coming months. In a joint statement issued on Wednesday, the junta’s Ministry of Information and Ministry of Investment and Foreign Economic Relations said that Myanmar enjoys a special paukphaw or kinship with Beijing after 71 years of bilateral ties. Claiming that normalcy is returning to Myanmar, the junta said in its statement that the implementation of several joint projects with China is a major priority for Myanmar, following the disruptions caused by the pandemic and recent social unrest. However, Beijing remains wary about resuming full cooperation with Myanmar after the widespread anti-China protests that followed the regime’s February 1 coup, and subsequent attacks on Chinese-owned factories in Yangon. In the past months, Chinese teams have conducted field surveys on several projects in Myanmar. Read more at: https://www.irrawaddy.com/news/burma/myanmar-junta-pushing-china-to-restart-stalled-infrastructure-projects.html