Chinese embassy to Myanmar lodged solemn representations to local authorities on Thursday after a Chinese factory was raided by striking workers, The Paper reported. A Chinese-invested garment factory in an industrial zone in Hlaingtharyar, a new satellite town in the north of Myanmar’s Yangon, was raided by employees Thursday.
Category: Myanmar Travel
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Burma is expected to see economic growth of 6.9 percent in 2017, down 1.5 points from a previous estimate, according to the World Bank’s Global Economic Prospects report released earlier this month. The report said that real-term growth in 2016 was estimated to be 6.5 percent, down 1.3 percentage points from an earlier estimate in June last year, the Nikkei Asia Review reported.