Myanmar Junta Expects Asian Nations to Keep Investing After Coup
- Foreign investment may take ‘slight’ hit, minister says
- Economy has slowed to a standstill as protests continue
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Myanmar’s military junta expects investments from Asian countries to continue despite growing condemnation over its coup last month and the violent suppression of ensuing pro-democracy protests.
While the U.S. and its partners are taking actions such as sanctions against the military, and some regional companies have scaled back operations, Asian neighbors largely have refrained from turning away from the country and the current leadership sees long-term regional partners staying engaged.