Beijing’s New Toys in Myanmar

Sub-title: 

Infrastructure is high on China’s agenda in Myanmar, but it is also making headway in other important sectors.

Description: 

"A year after Chinese President Xi Jinping’s first state visit to Myanmar, Foreign Minister Wang Yi is scheduled to arrive in the capital Naypyidaw today for a two-day official visit. The trip to Myanmar follows an African tour that has taken Wang to Nigeria, the Democratic Republic of Congo, Botswana, Tanzania, and the Seychelles. The agenda of his Myanmar trip is yet to be confirmed, but the ongoing progress of the China-Myanmar Economic Corridor (CMEC), along with COVID-19 diplomacy, is very likely to be high on the list. First signed between China and Myanmar in 2018, the CMEC envisions the construction of a network of railways, roads, ports, and new cities running overland from China’s Yunnan province to the sea. Although numerous memorandum of agreements related to CMEC and Xi’s Belt and Road Initiative (BRI) have been in place for years, progress has lagged considerably. Indeed, progress on the CMEC seems to have been slowed further by Beijing’s pandemic-induced belt-tightening and the unprofitable nature of many of the infrastructure projects that fell under its aegis. This had prompted Beijing to adopt an alternative model of engagement in Myanmar: one that is more economically feasible, and that leverages its strategic assets, innovation, and technology to expand its sphere of influence, rather than focusing on infrastructure alone. This is consistent with China’s recently announced Five-Year Plan (2021-2025), which signaled a significant shift in China’s economic and development strategy toward increased domestic consumption. This shift has been prompted by its trade tensions with the United States and the opportunities and challenges offered by a post-COVID-19-world. This re-calibration may impact Beijing’s ability to realize the CMEC as it is currently envisioned..."

Creator/author: 

Amara Thiha

Source/publisher: 

"The Diplomat" (Japan)

Date of Publication: 

2021-01-11

Date of entry: 

2021-01-12

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good