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Myanmar Crisis

Myanmar coup threatens Chinese power projects

Hong Kong-listed VPower under fire for business with military companies

Chinese energy companies contracted to build power plants in Myanmar have had their projects put on hold, and some are considering exiting the market. (Souce photos by AP and Reuters)

TAIPEI/YANGON -- Chinese energy companies contracted to build power plants in Myanmar have had their projects put on hold, and some are considering exiting the market, in a sign of how the military coup in the Southeast Asian country may be deterring even thick-skinned Chinese investors.

Projects taken up by Chinese state-backed liquefied natural gas and solar energy companies would have been difficult to implement even before the Feb. 1 military takeover, insiders say. Now the coup has further complicated matters.

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