Will Myanmar Elections Disrupt Chinese Investments?
An article in the online site China Dialogue, which focuses on environmental news out of China, highlights that country’s massive investments in Myanmar, where elections this past weekend brought long time political prisoner and Nobel Peace Prize winner Aung San Suu Kyi to parliament.
The bulk of the investments are tied up in an on-again off-again dam project along Maynamr’s Irawaddy River. At a cost of around $25 billion, the project represents China’s largest overseas hydropower investment to date, and is expected to provide the Southeast Asian nation with much-needed free electricity and “dividends worth US$54 billion. That’s more than Myanmar’s entire GDP for 2010…”
It’s a lot of money, but apparently not enough to counter the “nationalist sentiment [that] is on the rise in this traumatised country,” a force auguring foreboding signals to a Beijing anxious about U.S. designs in the region and a Chinese population wondering at the political constraints imposed by their own leaders.
- Share and Email |
- Print |
Disclaimer: Comments do not necessarily reflect the views of New America Media. NAM reserves the right to edit or delete comments. Once published, comments are visible to search engines and will remain in their archives. If you do not want your identity connected to comments on this site, please refrain from commenting or use a handle or alias instead of your real name.
Related Articles
Meet Stan Lee's Chinese Superhero 'The Annihilator'
Beware, evil. Face the power of the Chinese superhero known as... The Annihilator! Comics legend…
Chinese Am. Political Star Rising, Along with Fears of China
SAN FRANCISCO – Barack Obama’s victory, the numbers show, is in large measure thanks to…
Obama vs. Romney: Top 5 Foreign Policy Differences
In a presidential election that was supposed to be all about the economy, global events…
Romney's Bain Capital Is Sending Many Jobs to China the Day Before the Election
On the day before an election that's supposed to hinge on jobs, taxes and the…
Burma Task Force Protests Suu Kyi Visit
Correction: An earlier version of this article incorrectly placed riots involving Bangladeshi Muslims in Myanmar.…
The U.S. Must Avoid the Trap on East China Sea
Recently a strange “issue advocacy ad” appeared in the Wall Street Journal paid for by…
Comments