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Myanmar Crisis

In Myanmar, Chinese and Thai companies fill economic vacuum

As Western businesses exit country, investments come from friendly nations

F&N has produced and sold ThaiBev's Chang beer in Myanmar since 2019. (Photo by Nikkei)

BANGKOK/YANGON -- From infrastructure to consumer goods, Chinese and Thai companies have expanded in Myanmar as their countries maintain relations with the Western-sanctioned military-led government.

Than Swe, Myanmar's military-appointed deputy prime minister and foreign minister, met with China's ambassador to Myanmar, Chen Hai, on Aug. 30 in the capital, Naypyitaw. The two diplomats discussed strengthening bilateral relations and accelerating joint projects, a state-owned newspaper reports.

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