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Nay Pyi Taw [Myanmar]Dec 15 (ANI): China is taking advantage of its diplomatic isolation from Myanmar following the February 2021 military coup to focus on the country’s rich natural resources, Myanmar’s multimedia news agency Mizzima News reported.
China intervened in Myanmar after a military coup led to a political and economic crisis in Myanmar, as well as poverty and high unemployment.
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Burmese generals trade natural resources, including natural gas, timber, jade and copper, with China for diplomatic support and investment. As a result, China has acquired a large number of gas fields and land for the Kyaukpyu port and Special Economic Zone (SEZ) in Rakhine State for free, according to Mizzima News.
According to Mizzima News, the dragons, the apostles of development, choose to free ride on the less developed countries and then force them to make diplomatic and economic concessions. In the case of Myanmar, its touted “socialism with Chinese characteristics” has in reality translated into “capitalism with socialist characteristics”, in which profit maximization shows a reckless disregard for all human beings.
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China continues its malignity in Myanmar, promoting the Belt and Road Initiative (BRI) through Myanmar to help establish its economic and military dominance in the Indian Ocean. According to Mizzima News, because only it can allow China to enter the Indian Ocean and the Pacific Ocean at the same time to achieve the encirclement of its borders.
In addition, the China-Myanmar Economic Corridor (CMEC) has swept across Myanmar. The project includes road, rail and special economic zone transport corridors from Kunming, Yunnan Province, China, to the west coast of Myanmar. It includes a deep-sea port to which the junta is providing much-needed aid as part of the Kyaukpyu Belt and Road Initiative.
China was recently able to establish a shipping line linking a new port in the Gulf of Tonkin in Guangxi province in the South China Sea with Yangon. At the same time, China is also paying attention to the development of industrial zones on the border between Shan State and Kachin State. The route is significant as it is the route through which 80 percent of the country’s oil and gas imports must pass, and is vital to the development of the Chinese navy in the region.
However, the Chinese media is ready to cover everything up. China’s state-run news agency Xinhua was quick to clear the way for Myanmar’s authoritarian regime to be legitimized by calling the coup a “cabinet reshuffle,” according to Mizzima News, even as the junta has been condemned globally. (Arnie)
(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)
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