China Traders Face Rising Prices After Myanmar Attacks

Topic: 

Agriculture, Arakan Army, China, Economics, Ethnic Armed Groups, Finance, Muse, Myanmar National Democratic Alliance Army, Shan State, Ta’ang National Liberation Army, Trade

Description: 

"Although the security situation in northern Shan State has stabilized, businesses say they are still on the alert about their safety and transport costs, which are rising due to a shortage of trucks. The attacks by the Ta’ang National Liberation Army, Arakan Army and Myanmar National Democratic Alliance Army on military and civilian targets on Aug. 15 destroyed the Goke Twin bridge on the Muse-Mandalay highway, a major trade route with China. “It took about five days to repair the bridge and it was reopened on Aug. 20. But there were roadblocks [due to several other bridges being destroyed] between Kutkai and Muse, so we could only fully use the road again after Sept. 5. The bridge can only carry trucks weighing up to 48 tons, so everyone wants to hire those trucks to transport their goods. Therefore, the price went up,” said U Win Aung Khant, the chairman of the Muse Highway Freight Forwarders Association..."

Creator/author: 

Myo Pa Pa San

Source/publisher: 

"The Irrawaddy"

Date of Publication: 

2019-09-12

Date of entry: 

2019-09-13

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good