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livus ,
@livus@kbin.social avatar

Chinese investment accounts for 23.5 percent of total foreign investment in Myanmar,

No surprises there. But I'd like to know where the other 76.5% of foriegn investment is coming from.

China is no surprise but there were a bunch of countries that kept selling arms to the Myanmar junta after the genocide (China Russia Ukraine North Korea Philippines Singapore and Israel).

Are these the sources of investment, or are there others?

phoneymouse ,

Ukraine?

livus , (edited )
@livus@kbin.social avatar

Well, obviously Ukraine has got their own war now, so the military trade relationship they had with the Myanmar junta must be well and truly over. I hope.

But the others seem like likely candidates.

I just took a look and it seems like some of the biggest Foreign Direct Investment in Myanmar in the past couple of years has been Singapore and China; other direct investors are Japan, South Korea, Bangladesh, India, Hong Kong, Taiwan, the UK, the US, Switzerland, Belize, Seychelles, Samoa... (sources include Reuters last year, the junta this year. But there was a huge funding drop this year according to The Irrawaddy).

SulaymanF ,

So China is complicit in yet another genocide.

livus ,
@livus@kbin.social avatar

A range of countries have been complicit in genocides in Myanmar over the years. The stated aim of the semi democracy period was to attract foreign investment.

SulaymanF ,

That’s not comforting.

livus ,
@livus@kbin.social avatar

No, I know. The only sort-of silver lining is it meant for the first time in decades a generation there got to grow up in a semi democracy, so when the coup happened there was a lot of resistance.

phoneymouse ,

So is freaking Ukraine apparently

SulaymanF ,

Against whom?

vlad76 ,
@vlad76@lemmy.sdf.org avatar

Not surprising. Tyrants like being friends.

livus ,
@livus@kbin.social avatar

Eh, Aung San Suu Kyi's policies were more pro-China than the Tatmadaw junta's are. Beijing would probably have preferred her leadership.

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