Myanmar risks falling into a China debt trap

Description: 

??To understand China?s top priority in Myanmar, forget Beijing?s involvement in the country?s sputtering peace process, or efforts to restart its backed but now suspended US$3.9 billion Myitsone hydroelectric dam, or even securing rights to extract copper at the locally resisted Letpadaung mine outside of Mandalay. Those are all subordinate interests to what China really wants in Myanmar: economic and strategic access to the Indian Ocean through a deep-water port at Kyaukpyu in Myanmar?s western Rakhine state, a crucial link in Beijing?s US$1 trillion Belt and Road Initiative (BRI)...??

Creator/author: 

Bertil Linter

Source/publisher: 

"Asia Times"

Date of Publication: 

2018-06-05

Date of entry: 

2018-11-20

Grouping: 

  • Individual Documents

Category: 

Language: 

English