What the above two charts seem to show is that money earned by Myanmar from trade with India is being transferred to China, given that China is the largest exporter of material to Burma and its imports are at about the same level as that of India.
India needs to work harder to capture the Myanmar cash outflow so that it does not end up losing valuable foreign exchange to the chinese in the long term.
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What the above two charts seem to show is that money earned by Myanmar from trade with India is being transferred to China, given that China is the largest exporter of material to Burma and its imports are at about the same level as that of India.
India needs to work harder to capture the Myanmar cash outflow so that it does not end up losing valuable foreign exchange to the chinese in the long term.
It also show why Thailand is such an important player when it comes to Burma, and why several anti-regime activists & analysts have base in Thailand.
India needs to have feet in Burma :-))) I will write more on my "theory" about it laterz.
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