China tried 3 times to talk crime families out of scam business in Myanmar: state media

China's state media has revealed that the country attempted to persuade powerful families in northern Myanmar to shut down scam operations three times before a major crackdown by Myanmar police in 2023. This indicates that China has been actively working to address the issue of scams in Myanmar, which have been a significant concern for both countries. The fact that China tried to negotiate with the scam families suggests that they may have had some level of influence or control over the operations.

Why it matters

China is trying to stop scam operations in Myanmar. This could help reduce crime in the region.

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to South China Morning Post. For information only — not financial advice.