UPDATE 1-Myanmar, China seal friendship with loan agreements

Newswire

(Adds Chinese company to make cars in Myanmar) By Ben Blanchard BEIJING, May 27 (Reuters) - Myanmar and China sealed their friendship with loan and credit line agreements worth more than 540 million euros ($765 million) on Friday, as the former Burma's new president praised the Chinese as a trustworthy, selfless ally. "China is a friendly neighbour of Myanmar's worthy of trust and has provided vigorous support and selfless help for Myanmar's economic development," Myanmar's new ...

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