Crisis! Chinese companies were set on fire and smashed, and the supply chain of this Southeast Asian country was severely damaged

Since February, Myanmar has been hot, from the sudden coup, the military seizing power, to the outbreak of large-scale demonstrations, each one is thrilling. Yesterday, there was new news...

Chinese-owned garment factory in Myanmar set on fire and vandalized

According to a message released by the Myanmar State Administration Council , on the afternoon of March 14, some factories in the two townships of Hlaing Tharyar and Shwe Pyi Thar in Yangon were set on fire and smashed by criminals . Many Chinese personnel were injured and some employees were trapped for a time.

It is understood that more than 20 arsonists rode motorcycles and rushed into the factory with iron rods and gasoline. They first smashed and intimidated the factory staff on duty , and then started arson . Many factory employees were injured , and firefighters were even blocked by the crowd when they rushed to the scene .

Moreover, most of the companies that were burned and smashed were Chinese-funded enterprises or Sino-Myanmar joint ventures. Some Chinese-funded garment factories in other industrial areas in Yangon also faced the threat of arson.

The Myanmar State Administration Council announced on the evening of the 14th that military control would be implemented in some areas of Yangon, Myanmar . This morning, this news has appeared on the Weibo hot search list and has received a lot of attention ↓

In response to these emergencies, the Chinese Embassy in Myanmar immediately contacted the China Enterprises Chamber of Commerce in Myanmar and related companies, and quickly asked the local police to take effective measures to ensure the safety of Chinese-funded enterprises and personnel.

The comments from Chinese netizens in the comment section are also very interesting ↓

In the end, all you'll end up with is your own job. Arson may feel good for a while, but the whole country will become a crematorium.

China is really the best and safest place. I love China.

What I fear most when traveling abroad is "racial discrimination, cleansing, and extermination."

There are anti-China forces behind this.

Shipping lines suspend bookings, Myanmar supply chain disrupted

The arson and vandalism of Chinese-owned enterprises in Myanmar has caused a lot of dissatisfaction and speculation. However, Myanmar’s crisis goes beyond this.

According to foreign media reports, as the post-coup crisis in Myanmar intensifies, more and more shipping companies have suspended cargo bookings and closed local offices.

Maersk Myanmar said the situation was extremely critical and the ongoing unrest was turning into a disaster , and its office in Yangon had suspended all activities .

On top of that, CMA CGM also suspended incoming cargoes as drivers and customs officers joined protests in recent days , causing delays at Yangon’s main container terminal .

That’s not to mention the much-publicized internet blackouts , curfews , factory closures and disruptions to the banking system , which have further exacerbated supply chain disruptions.

Rickard Ingvarsson, CEO of Scan Global Logistics Asia , said that in this situation, the city's main port is congested, imports and exports are on hold, and most shipping lines are refusing bookings because they cannot provide space or equipment .

These situations are even worse for sellers who have foreign trade dealings in Myanmar recently. It is best to work from home and ensure your personal safety.

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Cross-border e-commerce market

Southeast Asia