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Myanmar Crisis

China treads lightly on Myanmar coup with billions at stake

Beijing needs stability to complete strategic Belt and Road projects

BANGKOK -- China has maintained a guarded approach in its response to last month's coup in Myanmar, with many in Southeast Asian diplomatic circles saying Beijing sees the unrest as a threat to the massive investment it poured into the country over the decadelong transition to democracy.

Such cautious diplomatic steps arise from China "not being happy with the coup," a Southeast Asian diplomatic source told Nikkei Asia. "The signs emerged after the military took over, because it has high economic stakes in Myanmar and so much to lose."

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