XM does not provide services to residents of the United States of America.

China will support a democratic transition in Myanmar, says foreign minister



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 1-China will support a democratic transition in Myanmar, says foreign minister</title></head><body>

Updates with context, para 4-6

CHIANG MAI, Thailand, Aug 16 (Reuters) -China will support a democratic transition in Myanmar and backs aregional plan to find a way out of the ongoing crisis in the Southeast Asian country, Foreign Minister Wang Yi said on Friday during a visit to Thailand.

Wang's comments at a media conference came after he met with Myanmar's junta chief Min Aung Hlaing during a visit to the war-torn country this week.

"China continues its commitment to restore peace and stability in Myanmar," he said in translated remarks.

China has promised technical support and aid for conducting a census, followed by an election that is currently planned to be held next year,junta-run media said on Thursday.

Myanmar has been in turmoil since February 2021 when the military ousted an elected civilian government in a coup, abruptly ending the impoverished country's tentative steps towards becoming a full-fledged democracy.

In Thailand to attend a regional meeting, Wang said that China also supports a peace plan agreed to by the Association of Southeast Asian Nations (ASEAN), known as its five-point "consensus" , to resolve the crisis in Myanmar.



Reporting by Reuters staff, Writing by Devjyot Ghoshal; Editing by John Mair

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.