China and Myanmar’s Latest Sign of Improving Relations

(Bloomberg) -- China and neighboring Myanmar agreed to expedite several projects designated as part of the pan-Eurasia Belt and Road Initiative in a sign of growing ties between both countries.The two sides inked 33 agreements as Chinese President Xi Jinping wrapped up a visit to the Myanmar capital of Naypyidaw on Saturday, where he met his counterpart Aung San Suu Kyi.They agreed to jointly develop the so-called China-Myanmar Economic Corridor between the southern Yunnan province and Mandalay.