Myanmar-China trade tops USD 1.3 billion
Trade between Myanmar and China has reached USD 1.337 billion in the first two months of the fiscal year and the two countries deepen their trade partnership. The data, which Eleven Media Group obtained from the Ministry of Commerce, shows USD 551 mi
Japan grants major infrastructure loans
One week after China signed a batch of new trade deals with Myanmar, Japan announced that it will provide Myanmar USD 1.1 billion in loans to fund four major infrastructure projects. The agreement, signed by Japanese ambassador to Myanmar Ichiro Maru
Xi Jinping visit ends with new trade deals
Xi Jinping’s long-awaited visit, the first from a Chinese head of state in 19 years, ended with dozens of new deals as Myanmar deepens its economic relationship with its most powerful neighbor. Over the two-day conference, Xi met with President
How a genocide ruling would affect Myanmar business
Next week, on January 23, the International Court of Justice will announce its ruling on whether or not Myanmar is guilty of genocide. The charges were leveled by the Gambia with a request for “provisional measures” to halt and rectify al
China bought 10.8 million tons of oil in 2019
Myanmar ended the year having exported a total of 10.8 million tons of crude oil to China, a rise of 6.3 percent from 2018, highlighting the deepening economic relationship between the two countries during the development of the China-Myanmar Economi
