MADAY ISLAND, Myanmar- Towering maps and billboards greet visitors to this sparse island by the Bay of Bengal, the starting point of twin oil and gas pipelines that run across Myanmar to China.
“Our aspirations are as high as the ocean waves,” reads a sign in Chinese. “In the past, when we came here, there was nothing but barren land and the ocean,” it says. “But now, everything has changed.”
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China’s “portfolio in Myanmar is shrinking fast,” said Yun Sun, an expert on relations between the two countries at the Washington-based Stimson Center. “Kyaukphyu will be given some special consideration, but not as much as to change China’s overall investment behavior in Myanmar.”
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