China urges Myanmar to calm down the internal war, creating a good environment for the economic and trade cooperation between the two countries
Myanmar borders China, India, Bangladesh, Laos and other countries, on the verge of Bangladesh and the Andaman Sea. Myanmar is one of the direct sea channels that can be entered by China to enter the Indian Ocean and play an important role in the energy supply system. Relying on this political advantage, China attaches great importance to economic and trade cooperation with Myanmar, and regards Myanmar as an important partner for building the "Belt and Road". According to the data from Myanmar Investment and Corporate Administration, as of the end of September 2023, Myanmar approved a total of US $ 21.873 billion in investment, accounting for 23.5%of the total foreign capital. On December 26, 2023, China has successfully obtained the renewal right of 1999 years in Myanmar's Kyosukang Port, which will become the best outlet in Southwest China and even central China; and it means that China will greatly reduce the trade and energy routes of Malacca and energy routes. Dependence, Chinese -made products will be easier to enter the global market through the Indian Ocean.
Comments (2)
Really thought-provoking! Well done
very well done! one of the best.