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China to donate $147bn for peace in Myanmar’s Rakhine state

China to donate $147bn for peace in Myanmar's Rakhine state

Beijing, Sep 21 (IANS) China has announced it will donate $147 billion to help restore peace and stability in Myanmar's Rakhine state where a military offensive has led to the displacement of hundreds of thousands of Rohingyas, a Muslim minority community.

China's Ambassador to Myanmar, Hong Liang, said Beijing will continue to support Myanmar in the peace process in Rakhine, reported state-run Global Times on Thursday.

 

The announcement comes shortly after Chinese Foreign Minister Wang Yi described the violence in Rakhine as unacceptable and said it was "imperative to reduce tensions, avoid harming innocent people, prevent the spread of the humanitarian crisis".

According to the UN, at least 422,000 Rohingyas have fled to Bangladesh since August 25, after the Myanmar Army launched a military offensive following attacks on multiple government posts by Rohingya rebels.

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China to donate $147bn for peace in Myanmar's Rakhine state

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