News Snapshot:
The fate of Myanmar has major implications for a free and open Indo-Pacific. An undemocratic Myanmar serves no one’s interests except China, which is consolidating its economic and strategic influence on its smaller neighbour in pursuit of its two-ocean strategy. Since the coup China has been – by far – the main source of foreign investment in Myanmar. This includes $2.5 billion in a gas-fired power plant to be built west of Myanmar’s capital, Yangon, that will be 81% owned and operated by Chinese companies. Among the dozens of infrastructure projects China is funding are high-speed rail links and dams....
