In fact, a new deep-sea port will constitute the core of a new economic partnership between China and Myanmar after the two countries reach a series of infrastructure deals as part of the Belt and Road Initiative (BRI).
Remarkably, the BRI is Beijing’s plan to redraw the global economy and involves the building of ports; railways; roads and much else across Asia and Europe and is estimated to cost $1 trillion.
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https://safety4sea.com/china-and-myanmar-to-develop-new-deep-sea-port/