Burma and China

This is my notes of an article of Institute of Developing Economics, titled as "Maynmar's Economic Relations with China: Can China Support the Myanmar Economy?"

"China has constatnly occupied a high ranking since 1988, when Myanmar-China border trade, hitherto an activity deemed illegal, was legitimized and formalized. " "While Maynma's exports to China increased by 1.3 times, from US $133.7 million in 1988 to US $169.4 million in 2003, its imports from China expanded by 7.1 times, from US $ 136.2 million in 1988 to US $967.2 million in 2003, resulting in a huge trade deficit of US $797.7 million in 2003, which was 4.4 times larger than Myanmar's total trade deficit in the same year."

Maynmar's exports to China "are mostly composed of wood, gem stones, and fruit and nuts," and "has become more and more dependant on wood exports, and eventually the share of wood exports occupied nearly 70% for the period between 2000 and 2003."