BANGKOK (The Straits Times/ANN): Beijing has distanced itself from a controversial US$15 billion (S$20.5 billion) Myanmar border city allegedly being built around gambling by Chinese investors.
The Shwe Kokko New City in Myanmar's Kayin state "is a third-country investment and has nothing to do with the Belt and Road Initiative", the Chinese embassy in Myanmar said in a statement posted on Facebook on Tuesday night (Aug 25).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!