Japan has intensified its charm and investment offensive in Myanmar in a bid to become Southeast Asia’s most powerful counterbalance to China.
In the five-year transition to Myanmar’s landmark new government, the number of Japanese businesses in the country has grown sixfold, language courses have boomed and billions of dollars have been pumped from Tokyo into industrial and social projects.
The investment spree is part of a wider Japanese push to win new markets and reduce dependence on China by building closer ties in emerging countries to the south, such as Vietnam.
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