AIIB Archives — LIRNEasia


China Unicom has built the US$50 million China-Myanmar International (CMI) terrestrial link. But it is yet to be activated for unknown reasons and Myanmar keeps suffering from outages. Now Beijing has ceremoniously announced its plan to build a Sino-ASEAN submarine cable network without revealing any details. South Asia and Southeast Asia has become the hotbed of Sino-Japanese rivalry, especially after the formation of AIIB. This new development bank has gained unprecedented global membership at a lightning pace.