News
Fast trains to nowhere in Southeast Asia
China’s Foreign Minister Wang Yi urged Thailand on a July 24 visit to strengthen “cooperation in the construction of the China-Thai railway,” calling the kingdom “a very important partner” in China’s One Belt One Road initiative. Yi did not make clear, at least in his ...
Chinese investor rings up majority stake in ETL
China’s Comba Telecom has vowed to provide Lao users with improved service and mobile experiences after it successfully acquired a majority stake in Laos’s ETL Public Company and stepped up its management improvement efforts. The Chinese investor bought a 51 percent stake while the Lao ...
China helps launch $13bn rail project in Malaysia
China and Malaysia broke ground on Wednesday on a $13 billion rail project linking peninsular Malaysia’s east and west, the largest such project in the country and a major part of Beijing’s Belt and Road infrastructure push. Keep reading ...
MOU on Kyauk Phyu SEZ likely in August
An MOU between China and Myanmar relating to a national-level framework for the Kyauk Phyu Special Economic Zone (SEZ) is likely to be signed by August, a spokesperson of Kyauk Phyu SEZ Management Committee told The Myanmar Times during an exclusive interview on August 4.Read ...
China may sell electricity to Myanmar amid warming ties
Energy-hungry Myanmar is in initial talks to buy electricity from China, according to officials and documents reviewed by Reuters, in the latest sign of warming ties with Beijing under leader Aung San Suu Kyi. Since taking office in April last year, Ms Suu Kyi has sought ...
Chinese trade fair kicks off in Hà Nội
The sixth Zhejiang export fair, one of the most prosperous provinces in China, kicked off in Hà Nội on August 3.Keep reading ...
Myanmar’s stakes in two Belt and Road economic corridors
Myanmar is involved in two of the six economic corridors under China’s Belt and Road Initiative (BRI), according to a report from a multinational professional services firm.The country’s involvement in the two corridors underlines its geopolitical advantage in facilitating the connectivity between China and South ...
Chinese company keen to develop special economic zone in Champassak
The government has given the green light for a Chinese company to conduct a feasibility study on developing the Khonphapheng Special Economic Zone (SEZ) in Champassak province. The Chinese company had informed authorities that it wants to invest US$10 billion to develop the SEZ, the ...
Forty Chinese banks found in violation of interbank rules
China’s central bank has found 40 banks in violation of interbank account regulations and have ordered them to rectify the problem within three to six months, financial magazine Caixin reported on Tuesday, citing a document. Read more ...
Big Four firm hails Belt and Road as a “global game changer”
A recent report from a multinational professional services firm praises China’s Belt and Road Initiative (BRI) as transcending beyond initial expectations by extensively boosting trade and commerce and supporting both physical and social infrastructures. It urged foreign businesses to join the game. The report Repaving ...
