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looking beyond borders

foreign policy and global economy

China Seeks Big-Ticket Payback From Myanmar

As China surges forward again in Myanmar, new pressure to restart a controversial dam project could represent a watershed moment for bilateral relations. The Beijing-backed US$3.6 billion Myitsone dam project, which if built as previously designed would flood 600 square kilometers of forestland in northern Kachin state and export 90 % of the power produced to China, was suspended by Myanmar’s previous military-dominated government in September 2011.

Read Here – Asia Times

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