Myanmar scaled back the Chinese-backed Kyaukpyu port construction project over concerns about taking on too much debt. Photo: Handout
As questions are raised about ‘belt and road’, projects slow in Southeast Asia
- China’s investments in the region plunged by nearly half in 2018, to lowest level in four years
- Asean member nations scrutinise Beijing’s strategy, though they still seek investment
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Myanmar scaled back the Chinese-backed Kyaukpyu port construction project over concerns about taking on too much debt. Photo: Handout