Chinese firms face changing competition in Myanmar
Significance
Myanmar's new government needs foreign investment to pay for development, creating fresh opportunities for China. However, attitudes to foreign investment within Myanmar's government and populace are shifting.
Impacts
- Myanmar's ethnic Chinese population, perhaps currently numbering 2.5 million, will grow.
- Medium term, securing the energy pipelines traversing Myanmar will be a linchpin for China's regional economic diplomacy.
- Protests against large-scale Chinese projects could diminish the NLD's hold on local socio-environmental activists' loyalty.
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