China treads lightly on Myanmar coup with billions at stake

Beijing needs stability to complete strategic Belt and Road projects

20210304 suu kyi wang yi

Chinese Foreign Minister Wang Yi, left, with Myanmar State Counselor Aung San Suu Kyi, in Naypyitaw. Wang traveled to Myanmar in January to sign agreements related to the China-Myanmar Economic Corridor.  © AP

MARWAAN MACAN-MARKAR, Asia regional correspondent

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."

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.