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China to Take 70 Percent Stake in Strategic Port in Myanmar – Official

By Yimou Lee and Thu Thu Aung YANGON, Oct 17 (Reuters) – China has agreed take a 70 percent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing’s growing economic clout in the country, a senior government official said. Oo Maung, vice chairman […]

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This post first appeared on GCaptain - Maritime News, please read the originial post: here

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China to Take 70 Percent Stake in Strategic Port in Myanmar – Official

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