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NEWS UPDATES Asean Affairs   January 8, 2018  








Myanmar-China bilateral trade hits US$6.3 bn in first 7 months of FY

The value of Myanmar’s trade with its main trade partner China, as of October this fiscal year, reached US$6.3 billion, consisting of $2.83 billion in exports and $3.5 billion in imports, according to figures released by the Commerce Ministry on January 3.

Meanwhile, Myanmar’s regional trade with ASEAN countries was the highest, closely followed by bilateral trade with its most populous neighbour, China. Border trade with China performed better than trade delivered by sea.

The value of bilateral trade with China was some $10.8 billion in 2016-2017 FY, $10.9 billion in 2015-16 FY, $9.7 billion in 2014-2015 FY, $7 billion in 2013-2014 FY, $4.95 billion in 2012-2013 FY and $5 billion in 2011-2012 FY.

Between 1 April and 22 December in this financial year, the value of border trade through China-Myanmar checkpoints — Muse, Lwejel, Chinshwehaw, Kanpiketee and Keng Tung — reached $4.5 billion. Rice, peas, sesame seeds, corn, vegetables and fruits, dried tea leaves, fishery products, rubber, minerals and animal products are exported to China, whereas machinery, plastic raw materials, consumer products and electronic tools flow into Myanmar.


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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