![]() ![]() While contestable, this strategy doesn’t seem beyond a power that has militarised artificial islands in disputed territories and was shown in the 2023 State of Southeast Asia report to be broadly distrusted in the region for its coercive behaviours. ![]() There is also the potential of Beijing translating this economic influence at some juncture into military use of the port. The nation’s fortune rests on the success of the special economic zone, but if the government can’t stump up the funds, it could turn to China again for further funding. ![]() The real danger could lie in Beijing exerting unequal influence over a nation in civil decline that can ill afford such infrastructure independently.Ĭhinese firms have been given the green light on a 50-year lease over the port with 70% ownership, while Myanmar’s 30% stake represents more than 4% of its 2023 GDP. At present, Myanma Port Authority has already submitted Concession Agreement to Kyaukphyu Special Economic Zone Management Committee for signing the contract.The real danger could lie in Beijing exerting unequal influence over a nation in civil decline that can ill afford such infrastructure independently.Īn Asia Society report has outlined how Kyaukphyu Port could accommodate People’s Liberation Army Navy vessels, but political and legal restrictions within Myanmar make establishment of a formal Chinese base unlikely.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |