As the relationship between China and Myanmar become closer under the military regime, Myanmar deepened its economic dependence on China. Although economic ties with China contributed to the stability of Myanmar, but made little contribution to Myanmar's broad-based growth and industrial development and even resulted in hindering the country's reforms and in causing anti-Chinese sentiment. After 2011, its rapidly improving relations with the international community enabled Myanmar to broaden and to restore balance in its external economic relations. Myanmar's economic dependence on China is likely to be mitigated; however, the bilateral economic relations will continue to have a strategic impact.
|Title of host publication||The Myanmar Economy|
|Subtitle of host publication||Its Past, Present and Prospects|
|Number of pages||30|
|Publication status||Published - Jan 1 2015|
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance(all)
- Business, Management and Accounting(all)