Yangon, Myanmar (CNN) - Myanmar has been closed off to most of the world for the last 50 years. But as its government continues down a road of reform, Myanmar is emerging as the missing link between China and India, with investors wondering if it’s time to re-enter the country.
A half century of military rule meant economic isolation for Myanmar, which saw it sink from being one of the most prosperous countries in Asia to one of the poorest. But economic reforms are happening in tandem with political reforms and the new civilian government is keen to prove to the world that the country is open for business and is no longer such a risky investment.
Hong Kong (CNN) - Beijing has clamped down on information once publicly available on listed and state-owned companies, hurting the effort of Western investors and companies to gauge whether to invest in - or short-sell - Chinese firms.
First reported by the International Financial Law Review, the State Administration of Industry and Commerce now requires company permission before accessing records such as financial reports and shareholder information.
Companies that sell credit reports - which give companies a quick read on the background of the firm they are considering doing business with - have been hindered, said Peter Humphrey, managing director of ChinaWhys, an international business risk advisory firm in Beijing.
About Business 360
CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.