TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

China has no food and no money. Now, Myanmar is exposing China’s desperation for rice

Akshay Narang by Akshay Narang
December 10, 2020
in Geopolitics
china myanmar rice
Share on FacebookShare on X

China’s food crisis is turning out to be much more severe than what we were imagining. And now, even Myanmar is exposing China’s vulnerability when it comes to the Communist nation’s most important staple food- rice. 

As per The Irrawaddy, a popular news website founded by Burmese exiles living in Thailand, some rice traders in Myanmar are looking to seek help from the Ministry of Commerce and Chinese officials regarding a Chinese trader identified as Luo Jianfang. According to the rice wholesale centre in Muse, Myanmar’s largest trading hub on the China border, Luo disappeared without paying for over 2.6 billion kyats, that is, nearly US$2 million worth of rice purchased from Burmese traders. 

Also Read

Zelensky’s Shocking Military Move: Butcher or Savior? Meet Ukraine’s New Commander-in-Chief!

Jamaica’s one Trillion Dollar Budget: Is Holness Planning to Colonize Mars?

St. Lucia to become the Taiwan of the West

Interestingly, Luo also bears an indirect connection with the Chinese state showing just how acute China’s food shortage crisis could be. As per U Min Thein, Vice Chairman of the Muse Rice Wholesale Center, Luo represents Zhongshang Affiliates (Zhong Shang Lian Hang). Thein said, “Luo signed all the agreements with Myanmar traders as a representative of the company. The traders trusted Luo, as they also have strong records of [doing business with] the company.”

The Irrawaddy claims to have learnt that the concerned Chinese trader owns 20 per cent share in the company, the official name of which is Yunnan Pilot Free Trade Zone China Commercial Food Trading Company Ltd. (CCFC). 

Another entity called the Yunnan Pilot Free Trade Zone Zhongshang Shiye (China Industries) Company Ltd. also owns a 51 per cent stake. This entity is, in turn, is controlled by China Southwest Enterprise Company Management Co. (Chongqing) that owns 70 per cent of the shares, and is owned by China’s Commercial Network Construction and Development Center (CCNCC). 

CCNCC is no ordinary company. It comes directly under China’s state-owned Assets Supervision and Administration Commission of the State Council (SASAC). SASAC supervises and manages state-owned assets of firms under the supervision of the central government. 

As per The Irrawaddy, no traders on either side of the Sino-Myanmar border have had any contact with Luo since December 2. The high stakes involved here have fuelled anxiety within Burmese traders. U Min Thein said a team at the wholesale centre is now collecting data about the number of Burmese traders affected and the quantum of loss that they have suffered. 

Myanmar has caught China on the wrong foot here. And it is unlikely that the Burmese traders would let the paper dragon escape without embarrassment. Thein said, “We will ask the Ministry of Commerce to mediate the issue. We will also contact the Chinese Embassy in Myanmar if needed.”

At the end of the day, it seems that China neither has food, nor money to feed its citizens. The horrifying food crisis in China is quite an embarrassment for the government of the second-largest economy in the world and Myanmar is all set to expose China’s desperation for rice. 

Tags: Short takes
ShareTweetSend
Akshay Narang

Akshay Narang

Patriot, Political Analyst, International Relations expert

Also Read

China hits back at the EU's historical revisionism, after EU foreign policy chief Kaja Kallas dismissed the role of Russia and China in the World War II Victory by calling out, "Someone should look into Estonia's history books as it 'de-Russifies' its society. 

“Someone should look into Estonia’s history books as it ‘de-Russifies’ its society”, China hits back at the EU’s historical revisionism, after EU foreign policy chief Kaja Kallas dismissed the role of Russia and China in the World War II Victory.

September 5, 2025
"Looks like we’ve lost India Russia to deepest darkest China..."

“Looks like we’ve lost India and Russia to deepest darkest China…” Trump. What next ?

September 5, 2025
"End the war via talks, or I will end it by force," Putin's LAST WARNING to Ukraine

“End the war via talks, or I will end it by force,” Putin’s LAST WARNING to Ukraine. What do Russia’s demands mean for Ukraine, the West, and Europe’s future?

September 5, 2025
Zelensky: Ukrainian Strikes on Russian Oil Pipelines are our sanctions on EU nations, Hungary and Slovakia will feel the consequences

Zelensky: Ukrainian Strikes on Russian Oil Pipelines are our sanctions on EU nations, Hungary and Slovakia will feel the consequences

September 5, 2025
Former UFC champion Conor McGregor is running for president of Ireland

Trump loyalist, Former UFC champion Conor McGregor, says he will be running for president of Ireland

September 4, 2025
Power of Siberia 2 Gas Pipeline deal: Russia’s Masterstroke, China’s Advantage

$ 400 bn mega Power of Siberia 2 Gas Pipeline deal: Russia’s Masterstroke, China’s Advantage, while Europe faces high costs and deindustrialization. EU sanctions on Russia turning back on them? 

September 4, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.