Almost two decades ago, in a small hillside town in southern Shan State, Myanmars largest coal-run power plant was built. Tigyit has been forever changed by this joint venture between the China National Heavy Machinery Corporation and a group of Myanmar businessmen affiliated with the
China has intensified its economic engagement with Pakistan by cultivating influential political elites. But the deeper story of Chinese inroads is the diversification of ties to local stakeholders, notably in the education, media, and energy sectors.
SBI’s loans to the power sector stood at 1.86 trillion rupees at the end of March with 319.2 billion rupees of loans to renewable energy, according to the bank’s latest analyst presentation
China has intensified its economic engagement with Pakistan by cultivating influential political elites. But the deeper story of Chinese inroads is the diversification of ties to local stakeholders, notably in the education, media, and energy sectors.
Many observers view Pakistan as a test case for China’s assertive overseas expansion plans. But sometimes, it is Chinese players who have had to adapt to Islamabad’s realities.