A Disappointing Harvest: China’s Opium Replacement Investments in Northern Myanmar Since 2009
The launch of the ‘Going Out’ strategy in 1999 precipitated more than a decade of rapid growth in Chinese outbound investment activity. From trivial levels in the late 1990s, Chinese outbound foreign direct investment (FDI) reached US$20 billion in 2006 before surging up to US$196 billion in 2016, according to data from the Ministry of […]