According to Chinese media, The China National Petroleum Corporation has begun construction of oil and natural gas pipelines between China and Myanmar. Accordin...
wfedstaff | June 3, 2015 2:10 pm
According to Chinese media, The China National Petroleum Corporation has begun construction of oil and natural gas pipelines between China and Myanmar. According to the company’s statement, CNPC wants to complete the China section of the pipelines, as well as the refinery, by 2013. The significance of this information, plus other recent reports about China building a railroad through Burma, is that they reinforce the assessment that Chinese leaders see Burma as a gateway for channeling natural resources to China. This symbolizes the next step in China’s economic expansion by creating a network of vertical and horizontal monopolies on a global scale.
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