Myanmar has become, by some estimates, the current center for global organized crime following the 2021 coup and now meets the definition of a failed state.

In the decade since, the project has expanded to Africa, Oceania, and Latin America, significantly broadening China’s economic and ... and connect ports from Myanmar to East Africa, though ...

It finds that a further tightening of financial conditions may expose vulnerabilities, including among nonbank financial institutions, and that bank resilience may be tested if economic and financial ...