10. Gradually open to trade and investment: Pressures to abruptly open up the economy could be strong, and being too responsive to these pressures could produce a political backlash. Special efforts may be required to ensure that Chinese investments do not trigger social unrest.
Burma’s Primary Markets
Thailand continues to be Burma’s leading market overall, mainly due to its import of gas from the offshore Yadana and Yetagun fields. But China is now the primary source for goods imported by Burma. China is likely to begin dominating both Burma’s export and import trade from 2013, when gas is scheduled to flow from the Shwe offshore field via a 1,100-kilometer pipeline to China’s Yunnan Province.
Country | Export | Import |
Thailand | 52.0 | 20.8 |
India | 17.0 | 3.4 |
China (incl. Hong Kong) | 9.5 | 32.1 |
Africa | 5.3 | 0.0 |
Japan | 4.4 | 3.0 |
EU | 2.7 | 2.4 |
Singapore | 1.2 | 20.4 |
Other | 7.9 | 17.9 |
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