In Myanmar, Chinese and Thai companies fill economic vacuum

As Western businesses exit country, investments come from friendly nations

20230906N chang beer

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

Nikkei staff writers

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.

Sponsored Content

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