Doubts Cast on Myanmar Junta Boss’s Pledges to Chinese Investors

缅媒：缅甸军政府领导人对中国投资者的承诺遭到质疑

作者：伊洛瓦底江          来源：伊洛瓦底江

Min Aung Hlaing talks to business representatives in Chengdu on Sept. 6, 2025.

2025年9月6日，敏昂莱在成都与企业代表交谈。

Despite his regime’s faltering grip on Myanmar, junta leader Min Aung Hlaing actively courted investors during a week-long trip to China that began on Aug. 30.

尽管缅甸政府对缅甸的控制摇摇欲动摇，但缅甸军政府领导人敏昂莱（Min Aung Hlaing）在8月30日开始的为期一周的中国之行中积极拉拢投资者。

The junta chief held multiple meetings aimed at boosting bilateral trade and investment. On Aug. 31, he attended a forum on economic ties between the countries in Tianjin, and on Sept. 6, he joined the second China-Myanmar Economic Cooperation Forum in Chengdu, Sichuan Province.

军政府首脑举行了多次旨在促进双边贸易和投资的会议。8月31日，他出席了在天津举行的中缅经济合作论坛，9月6日，他参加了在四川成都举行的第二届中缅经济合作论坛。

In his pitch to Chinese business representatives and officials, Min Aung Hlaing emphasized Myanmar’s strategic location between three of the world’s most populous countries—China, India and Bangladesh—and highlighted its potential as a vital link between South Asia, Southeast Asia and China. He touted Myanmar’s ability to provide China with critical access to the Indian Ocean, highlighting investment opportunities in the infrastructure and transportation sectors.

在向中国企业代表和官员的演讲中，敏昂莱强调了缅甸位于世界人口最多的三个国家——中国、印度和孟加拉国之间的战略位置，并强调了缅甸作为连接南亚、东南亚和中国的重要纽带的潜力。他称赞缅甸有能力为中国提供通往印度洋的关键通道，强调了基础设施和交通运输领域的投资机会。

A key project he highlighted was the Kyaukphyu-Kunming Railway—an ambitious infrastructure scheme connecting Myanmar’s western coastal town of Kyaukphyu in Rakhine State to landlocked Yunnan Province in western China through Mandalay in central Myanmar and Muse town on the Chinese border.

他强调的一个关键项目是皎漂-昆明铁路，这是一个雄心勃勃的基础设施计划，将缅甸西部沿海城市若开邦皎漂与中国西部内陆省份云南省连接起来，途经缅甸中部的曼德勒和中国边境的木姐镇。

At the meetings, Min Aung Hlaing described the project as a crucial component of the China-Myanmar Economic Corridor (CMEC) that could bring substantial mutual benefits by enhancing cross-border trade.

在会议上，敏昂莱将该项目描述为中缅经济走廊（CMEC）的重要组成部分，可以通过加强跨境贸易带来实质性的互利。

According to the junta chief, China ranks as Myanmar’s second-largest investor, pouring more than US$7.7 billion into the country in fiscal 2024-25 and more than $3 billion so far in FY2025–26.

据军政府领导人称，中国是缅甸第二大投资国，在2024-25财年向缅甸投入了77亿美元，到目前为止，在2025 - 26财年投入了30多亿美元。

However, analysts are skeptical that Min Aung Hlaing can win over Chinese investors. For all his ambitious rhetoric, his regime is struggling even to reopen border crossings.

然而，分析人士对敏昂莱能否赢得中国投资者的青睐持怀疑态度。尽管他的言辞雄心勃勃，但他的政权甚至在重新开放边境口岸方面都举步维艰。

Currently, only one of the eight official border trade gates between China and Myanmar—the crossing between Muse and Ruili—is operational, and only with Chinese assistance. The rest remain closed or inaccessible due to ongoing conflicts. Much of the Muse-Mandalay trade route is under the control of ethnic armed groups such as the Kachin Independence Army, the Ta’ang National Liberation Army and the Myanmar National Democratic Alliance Army, hampering the flow of goods.

目前，中缅之间的8个官方边境贸易门户中，只有木姐和瑞丽之间的过境点是在中国的帮助下运作的。由于持续的冲突，其余的仍然关闭或无法进入。木姐-曼德勒贸易路线的大部分都在克钦独立军（Kachin Independence Army）、德昂民族解放军（Ta’ang National Liberation Army）和缅甸民族民主同盟军（Myanmar National Democratic Alliance Army）等少数民族武装组织的控制之下，阻碍了货物的流通。

“What Min Aung Hlaing meant is he will give China whatever it wants if only he remains in power. China is doing what it can through negotiations. But I don’t think it can [talk resistance forces into stopping their offensives]. Min Aung Hlaing is daydreaming,” said a political analyst.

“敏昂莱的意思是，只要他继续掌权，他就会给中国任何想要的东西。中国正在通过谈判尽其所能。但我不认为他能（说服抵抗力量停止进攻）。敏昂莱在做白日梦，”一位政治分析人士表示。

At the meeting with Chinese business owners, Min Aung Hlaing admitted that only the Muse-Ruili border gate remains functional. He said instability in the border regions has disrupted business activities in China’s neighboring provinces of Yunnan, Sichuan and Chongqing—and he put the blame on ethnic armed organizations.

在与中国企业主的会晤中，敏昂莱承认，只有木姐-瑞丽边境大门还在运作。他说，边境地区的不稳定影响了中国邻近省份云南、四川和重庆的商业活动，他将责任归咎于少数民族武装组织。

The junta leader sought to reassure Chinese investors that political stability would improve in Myanmar after elections planned for December, pitching Myanmar’s abundant natural resources and human capital as assets for future joint ventures. “Combined with investments from China, these will deliver tangible benefits for both countries,” he said.

这位军政府领导人试图安抚中国投资者，称缅甸的政治稳定将在计划于12月举行的选举后得到改善，并将缅甸丰富的自然资源和人力资本作为未来合资企业的资产。“再加上来自中国的投资，这将为两国带来实实在在的好处，”他说。

Despite Min Aung Hlaing’s repeated promise to protect Chinese investments, the embattled regime is struggling even to guarantee security for the upcoming election, forcing it to hold voting in phases. The regime’s capacity to safeguard Chinese investments and implement the broader CMEC remains in serious doubt.

尽管敏昂莱（Min Aung Hlaing）一再承诺保护中国投资，但陷入困境的缅甸政权甚至难以保证即将举行的选举的安全，迫使其分阶段举行投票。政府保护中国投资和实施更广泛的中缅经济走廊的能力仍令人严重怀疑。

During his previous trip to China in November last year—his first since seizing power in the February 2021 coup—Min Aung Hlaing made similar pitches to Chinese business leaders. Since then, with Chinese backing, the regime has managed to regain control of a few towns along key trade routes in northern Shan State, including Lashio and Nawnghkio. But beyond these isolated gains, the junta remains far from asserting control over the entire country.

敏昂莱上次访华是在去年11月，这是他自2021年2月政变掌权以来首次访华，当时他向中国商界领袖做了类似的宣传。从那以后，在中国的支持下，缅甸政府成功地重新控制了掸邦北部主要贸易路线沿线的几个城镇，包括腊戍和瑙丘。但是除了这些孤立的成果之外，军政府还远没有控制整个国家。

作者：伊洛瓦底江          来源：伊洛瓦底江