China-Backed Junta s Violence Aggravates Myanmar Economy
Financial data firm says coup cuts in half projected 6% economic growth as Asian investors to be impacted by military takeover. Social media images of burning Chinese factories in Yangon s suburban factory district known as Hlaing ThaYa must be making already concerned foreign investors sit up. They will be paying closer attention to the escalating murder and violence by the country s coup regime, as they try to crush the massively popular revolt against them.
Global Times, the Chinese government mouthpiece, characterized the burning of factories as barbaric, while not even making a brief mention of the slaughter of 18 unarmed peaceful protesters in the same location the same day. Despite public denials of arson by the protesters who live next to these factories the Chinese propaganda simply repeats Myanmar junta s typically deceitful narrative of the victims