China-Myanmar Bilateral Relations: An Analytical Study of Some Geostrategic and Economic Issues

Myanmar's geopolitical and geostrategic position is very important for China and India, the two regional powers in East Asia and South Asia. Myanmar is the main connecting hub for South Asia, East Asia, and Southeast Asia, and it is also connected with the Bay of Bengal and the Indian Ocean. Myanmar is connected with the two corridors of China's ambitious projects, Belt and Road Initiative (BRI), and Bangladesh, China, India, Myanmar Economic Corridor (BCIM). Chinese ships have to navigate at the Malacca Strait, especially in the case of fuel oil imports and exports to global markets, which are, both times consuming and strategically risky. But, using the Rakhine state's Kyaukpyu port will reduce China's dependence on the Malacca Strait and expand trade. Due to the US presence in the Indian Ocean, the recent Sino-Indian conflict, and Myanmar's geostrategic position, Sino-Myanmar relations are now one of the topics of study. This article will analyze the geostrategic and economic issues of Sino-Myanmar relations. The study has found that both China and Myanmar have greatly been benefitted through the establishment of strong bilateral relationship based on trade and investment, connectivity, constructions of ports and special economic zones. The main objective of this study is to find a diplomatic way to improve the Bangladesh-Myanmar relations based on the results of the strong relationship of China and Myanmar. This study is a major contribution to the field of China–Myanmar bilateral relations in the context of some geostrategic and geo-economic issues. The study has been carried out based on secondary data with some primary data of border survey and focus group discussions. At the conclusion of this study, there has been provided with some policy recommendations to improve the geostrategic and economic relations between the two neighboring countries.