The military council has partially relaxed its dollar control order. Foreign businesses, organizations and airlines are exempt. Local businessmen did not. The military council did whatever they wanted without my brain, and they finally gave up. The order will continue to have a significant impact on the economy as local businesses are not exempt.
On the other side of Monywa, the local Chinese copper project was not allowed to operate again, according to local PDFs. This is the first major threat to a Chinese-owned project. For China, which is currently backing the military council, the question is how to proceed. The military council will have to use force to secure these large projects. It’s a statement from the PDF side, but it’s quite reached.
