CHINAMacroReporter

'Coup a further complication for tricky Myanmar-China ties'

Burma: At the Center of the U.S.-China Competition

‘Even if China played no role at all in ousting Suu Kyi, Beijing is likely to gain still greater sway over the country.’
by

|

Associated Press

February 3, 2021
'Coup a further complication for tricky Myanmar-China ties'

‘Even if China played no role at all in ousting Suu Kyi, Beijing is likely to gain still greater sway over the country.’

‘Before Monday’s coup in Myanmar, the country’s relations with China already were complicated by Chinese investments in its infrastructure and the Myanmar military’s campaigns along their shared border.’

  • ‘China has invested billions of dollars in Myanmar mines, oil and gas pipelines and other infrastructure and is its biggest trading partner.’
  • ‘And China has massive commitments to projects in mining, hydropower and other construction, part of the $21.5 billion it has pledged in investment in Myanmar.’
  • ‘An anchor of Beijing’s “Belt and Road Initiative” to build infrastructure across much of Asia linking its economy to the rest of the world, it will give China coveted overland access to the Bay of Bengal.’
  • ‘Suu Kyi’s government had been slowly moving ahead on such projects, some of which face strong local opposition.’

‘The coup deposed national leader Aung San Suu Kyi a little over a year after Chinese President Xi Jinping made a show of support to her with the first visit by a head of state from Beijing to Myanmar since 2001 and 33 agreements on a wide range of issues.’

  • ‘Suu Kyi has shifted closer to Beijing in the past few years.’
  • ‘ “It was always a risk that the military would step in to try and shore up their power,” Champa Patel, director of the Asia-Pacific Program at Chatham House in London said in an emailed statement.’
  • ‘ “Their insecurity has deepened as (Suu Kyi) consolidated her power within the country and deepened ties with countries such as China.” ’

‘It was partly a backlash against China’s growing dominance of Myanmar’s economy a decade ago that led the previous junta to shift toward democratic reforms and the civilian government that enabled Suu Kyi to join Parliament and become the nation’s de facto leader, even as the military retained ultimate power.’

  • ‘ “It was always a risk that the military would step in to try and shore up their power,” Champa Patel, director of the Asia-Pacific Program at Chatham House in London said in an emailed statement.’
  • ‘ “Their insecurity has deepened as (Suu Kyi) consolidated her power within the country and deepened ties with countries such as China.” ’

‘Beijing’s initial reaction to the coup was measured.’

  • ‘On Monday, Foreign Ministry spokesman Wang Wenbin said China was studying the situation, describing Myanmar as a “friendly neighbor.” ’
  • ‘He urged Myanmar to properly handle the situation according to its laws and constitution and “maintain political and social stability.”' '
  • ‘But while China’s ruling Communist Party tends to favor fellow authoritarian regimes, it has had a fractious history with Myanmar’s military, sometimes related to its campaigns against ethnic Chinese minority groups and the drug trade along their long, mountainous border.’

‘Some have speculated that Beijing might have given a covert nod to the generals.'

  • ‘But while the coup may lead Myanmar’s leaders to lean more heavily on support from China, supplier of most of their weapons and one of the country’s biggest sources of foreign investment, researcher Zhao Gancheng at the Shanghai Institute for International Studies, says it was an unwelcome disruption.’
  • ‘ “As a neighboring country, I can’t see anything good for China, given that all of China’s investments and infrastructure construction need a stable environment,” Zhao said. “China is concerned about this development,” he said.’

‘Even if China played no role at all in ousting Suu Kyi, Beijing is likely to gain still greater sway over the country, analysts say.’

  • ‘That’s especially likely if the U.S. and other Western governments impose sanctions to try to punish the regime.’

‘Regardless of what internal politics, antagonisms and personal ambitions might have driven Min Aung Hliang and other military leaders to seize power, China is bound to continue to expand its influence in Myanmar given the huge projects already under construction and the depth of Chinese involvement in businesses ranging from casinos, factories and property development to pipelines and ports.’

  • ‘ “China will have greater leverage to pull Myanmar further into the orbit of its own plans for economic development,” said John G. Dale, a professor at George Mason University in Virginia.’

More

CHINAMacroReporter

April 2, 2023
Xi Jinping: 'Change unseen for a 100 years is coming.'
Time went of joint in the mid-1800s when China began its ‘Century of Humiliation.’ And Mr. Xi, with a sense of destiny, seems to feel he was born to set it right. (I very much doubt that Mr. Xi would add: ‘O cursed spite’ – he seems to relish his role and the shot it gives him to go down in history as China’s greatest ruler.)
keep reading
January 2, 2023
Xi Jinping: Bad Emperor?
Some have asked me what will be the greatest risk to China in the next five years. My answer: That Xi Jinping will overstep and enact policies that Chinese people won’t accept, especially those that have a direct impact on their lives and livelihoods.
keep reading
November 22, 2022
'Strangling with an intent to kill.’
I began to have some hope of getting our act together with Mr. Biden. He worked to rebuild relations with allies who could join the U.S. in the competition. And he understood the need for America to strengthen itself for competition. Hence, the infrastructure, CHIPS, and other acts. But whether Mr. Trump or Mr. Biden, one thing nagged me beyond all the rest. Why is America strengthening our competitor? — In the instant case: Why is America giving our competitor advanced semiconductor resources to strengthen itself to compete against us?
keep reading
March 9, 2017
So many twists and turns to the China Housing markets story
[CHINADebate Presentation] One of the highlights in our recent 'In Pursuit of Patterns' series of client notes, showed that the land sales growth had tended to lead the price growth and a significant increase in land sales would lead, with a lag, to the subsequent correction in prices.—Almost everyone on the outside seems to have missed the biggest bull market in China housing in 2016, culminating in policy tightening cycle kicking in at the end of the year. But what's next?
keep reading
February 27, 2017
Is The U.S. Ceding Global Leadership To China?
'China isn't positioned to replace the U.S. as a global leader anytime soon.'—Hard on President Trump's 'American First' inaugural address, Xi Jinping gave a rousing paean to globalism at the World Economic Forum. And, immediately the hot question became: 'Is the U.S. ceding global leadership to China?' Yes and no, says Bill Overholt of the Harvard Asia Center. Yes, the U.S. is ceding global leadership. No, China won’t replace the U.S. What will replace the U.S. is ‘G-Zero’, a world with no single global leader. Not China, not the U.S. So, can his critics lay this outcome at President Trump’s feet?
keep reading
February 15, 2017
C-to-C Internet Commerce- From Taobao Shops to Taobao Villages
One is some of the local government-owned SOEs are the sources for overcapacity. The reason is because the local government also wants to ensure there's some degree of employment locally, and perhaps some source of taxation. The Chinese government is now going to need to start the so-called supply-side economics to try to consolidate overcapacity in a number of sectors. It's going to impinge on the interests of many of these local SOEs as well as the local governments who own them.
keep reading
February 15, 2017
How SOEs & Local Governments Create Overcapacity
One is some of the local government-owned SOEs are the sources for overcapacity. The reason is because the local government also wants to ensure there's some degree of employment locally, and perhaps some source of taxation. The Chinese government is now going to need to start the so-called supply-side economics to try to consolidate overcapacity in a number of sectors. It's going to impinge on the interests of many of these local SOEs as well as the local governments who own them.
keep reading
February 15, 2017
Why SOE Reform is So Tough
'...SOEs need to reform, because on one hand, many of them have achieved a lot for China. On the other hand, they've actually created quite a lot of harm, in particular in the areas of overcapacity but also in the areas of corruption we've talked about.'
keep reading
February 2, 2017
AmCham China Chairmen's View From China in D.C. 2017
[AmCham China & CHINADebate U.S.—China Trade/Business Series 2017] Terrific insights from leaders on the ground in China. While in D.C. the Chairmen joined us in a panel discussion and individual interviews about U.S. business in China, U.S.-China relations, trade, and much more. We present their views in a 13 part series. Sheryl WuDunn, business executive, lecturer, best-selling author, and winner of the Pulitzer Prize moderated.
keep reading
February 1, 2017
'Chinese Politics In The Xi Jinping Era'
[Malcolm Riddell Interviewed Cheng Li] 'If you ask any taxi driver in Beijing, Shanghai, or Guangzhou, he or she will tell you – with accuracy – which leader belongs to which faction. : 'China is a one–party state, but that does not necessarily mean Chinese leadership is a monolithic group with leaders who have the same ideas, same background, same world views, same politics. No, they're divided.'
keep reading
December 7, 2016
First 100 Days: Do Not Provoke China
The First 100 Days interview series features Pacific Council experts addressing the top foreign policy issues facing the incoming Trump administration.: Warns of the potential for new conflicts if Donald Trump follows through with his campaign promises regarding China.
keep reading
October 18, 2016
How Alibaba, Xiaomi, & Tencent are Changing the Rules of Business
[An Interview of Ed Tse, the author of 'China's Disruptors: Alibaba, Xiaomi, & Tencent... how innovative 'Disruptor' companies are restructuring China's economy.' ] The real force in Chinese economy is increasingly private companies, not SOEs. / Leading private Chinese companies are innovative and ambitious
keep reading
July 14, 2016
How 'Brexit' Will Impact China's Economy
David Dollar gives you fresh insights to better incorporate Brexit's impact into your analyses of China and global economies & markets, including: 1. Why, after the Brexit vote, did the Shanghai Stock Market fall only 1%? 2. How will Brexit affect the value of the RMB and China's currency policy? 3. How will Brexit impact trade with the EU, China’s largest trading partner? 4. Why, in the larger geopolitical perspective, could China be the big winner from Brexit?
keep reading
July 2, 2016
China housing: boom, bust, or bubble-or...?
100s of Cities Bubble Up & Down As Policy Makers Press the Levers China hasn’t collapsed. And, the bubble hasn’t burst because there may not be just one big real estate bubble. Instead, there are 100s of sizable cities, each moving in its own cycle, each responding to how its local policymakers stimulate & tighten-stimulate & tighten, and each having performance divergent from that of other cities. Watch here to see how city-level markets bubble up and bubble down...
keep reading

Heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.