March 9, 2016

China says still trying to resolve stalled Myanmar dam scheme

China is pursuing efforts to resolve the problem of a stalled dam project in Myanmar, its foreign minister said on Tuesday, adding that Beijing had confidence in the incoming government of democracy leader Aung San Suu Kyi's party.

In 2011, Myanmar President Thein Sein angered Beijing by suspending the $3.6-billion, Chinese-invested Myitsone dam project, some 90 percent of whose power would have gone to China.

Other Chinese projects in the former Burma have proved controversial too, including the Letpadaung copper mine, against which residents have repeatedly protested, and twin Chinese oil and gas pipelines across the country.

China wants to help Myanmar to have better and quicker development, Chinese Foreign Minister Wang Yi told his yearly news conference on the sidelines of the annual meeting of parliament.

"The Myitsone dam is a commercial cooperation project, and had all its approvals completed. Difficulties in cooperation are 'growing pains'. Both countries will continue to proactively appropriately handle it," Wang said. (Courtesy of Daily Mail Online)

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