Xi Jinping visits Myanmar: economics and geopolitics on the table

Description: 

"The two governments will sign dozens of economic agreements. Naypyidaw represents a crucial junction for the Chinese "two oceans" strategy. Many Burmese, including even army generals, have developed a deep fear of China. It is widely believed that China wants a weak and unstable Myanmar in order to maintain control and influence. Chinese President Xi Jinping arrives today in Myanmar for a two-day visit with a strong geopolitical significance, in the year in which the two countries celebrate 70 years of diplomatic relations. The purpose of Xi's trip is to strengthen economic ties along the shared border, as well as Chinese investments in other parts of Myanmar under the Belt and Road Initiative (Bri) and infrastructure projects of the China-Myanmar Economic Corridor (Cmec) . According to analysts and observers, the two governments will sign dozens of economic agreements, projects to improve roads, promote commercial relations and assist social and economic development. The interests of the Chinese president are concentrated on the implementation of projects such as the seaport of the Special Economic Zone of Kyaukphyu, in Rakhine (western Myanmar); the Economic Cooperation Zone, on the northern and northeastern border of Myanmar; and the New Yangon City project. Beijing sees Myanmar as a crucial hub for the Chinese "two oceans" strategy - with reference to the Pacific and Indian oceans. It aims to redistribute the balance of power in the region in favor of the communist regime, expanding naval operations from the South China Sea to the Indian Ocean, where Beijing is to conduct "offshore operations". But China's geopolitical, economic and strategic interests in Myanmar are currently the subject of much debate. Critics say that Myanmar is returning to China's orbit, or even struggling to maintain its neutrality and independence..."

Source/publisher: 

"AsiaNews.it" (Italy)

Date of Publication: 

2020-01-17

Date of entry: 

2020-01-18

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good