{"id":82958,"date":"2023-11-10T07:38:35","date_gmt":"2023-11-10T12:38:35","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/commodities\/analysis-losing-ground-to-rebel-alliance-myanmar-junta-faces-biggest-test-since-coup\/"},"modified":"2023-11-10T07:38:38","modified_gmt":"2023-11-10T12:38:38","slug":"analysis-losing-ground-to-rebel-alliance-myanmar-junta-faces-biggest-test-since-coup","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=82958","title":{"rendered":"Analysis-Losing ground to rebel alliance, Myanmar junta faces biggest test since coup"},"content":{"rendered":"<div>\n<p>By Poppy McPherson and Devjyot Ghoshal<\/p>\n<p>BANGKOK (Reuters) &#8211; A rebel alliance has overrun parts of northern Myanmar, including areas bordering China, with resistance to the military junta notching its most significant win since the 2021 coup, according to a rebel commander, diplomats and analysts.<\/p>\n<p>The fiercest fighting has been near Myanmar&#8217;s border with China in northern Shan state where three powerful ethnic armed groups have combined to lead an offensive that has taken multiple towns and military outposts in recent weeks.<\/p>\n<p>Myanmar&#8217;s military-appointed president said on Thursday the country was at risk of breaking apart due to the failure to deal with the insurgency more effectively.<\/p>\n<p>Alarmed by its neighbour&#8217;s deteriorating situation, China&#8217;s foreign ministry said on Friday that Beijing will ensure security and stability at its border with Myanmar and urged all parties there to stop fighting immediately.<\/p>\n<p>Anti-junta fighters operating with &#8220;unprecedented coordination&#8221; have overrun 100 military outposts and the junta stands to lose control of key border crossings that account for some 40% of cross-border trade and a vital tax revenue source, the United States Institute of Peace think-tank said.<\/p>\n<p>Around 50,000 people have been displaced in Shan, where artillery shelling and airstrikes are continuing, and some have crossed into China, the United Nations said on Friday. <\/p>\n<p>&#8220;It is very significant,&#8221; said one diplomat with knowledge of the assault named by opposition groups as &#8220;Operation 1027&#8221;, after the date it started.<\/p>\n<p>&#8220;This is the weakest the Tatmadaw has been since the coup,&#8221; the diplomat said, referring to Myanmar&#8217;s military and asking not to be named. Two other diplomats agreed with that assessment.<\/p>\n<p>A junta spokesman did not respond to requests for comment.<\/p>\n<p>Maung Saungkha, leader of the Bamar People&#8217;s Liberation Army, which contributed troops to the offensive, told Reuters the rebel alliance had spent more than a year preparing to take on the better-armed military.<\/p>\n<p>The operation was &#8220;the biggest and most successful of the Spring Revolution&#8221;, he said, referring to the popular uprising against the junta that ousted a democratically elected government led by Nobel laureate Aung San Suu Kyi in February 2021.<\/p>\n<p>Resistance groups are working closely to batter the already stretched military, said an adviser to Myanmar&#8217;s parallel civilian administration, known as the National Unity Government, which has backed separate assaults on towns in Sagaing division.<\/p>\n<p>&#8220;This opportunity will never ever come back,&#8221; said the adviser, who declined to be named.<\/p>\n<p>CHINA&#8217;S SHADOW <\/p>\n<p>So far, rebel troops have faced unexpectedly weak opposition from the military, according to analysts and resistance leaders who spoke to local media.<\/p>\n<p>The offensive puts further pressure on a military leadership already facing biting economic sanctions, a foreign exchange shortage and a corruption crisis that has ensnared several of junta leader Min Aung Hlaing&#8217;s allies, the diplomats said.<\/p>\n<p>Myanmar&#8217;s relationship with China has also been strained over border issues and the latest offensive, led by the &#8220;Brotherhood Alliance&#8221; comprising the Arakan Army, Myanmar National Democratic Alliance Army and the Ta&#8217;ang National Liberation Army, could not have been carried out if Beijing had opposed it, the diplomats said.<\/p>\n<p>Beijing has in recent months been putting pressure on Myanmar to crack down on criminal syndicates running massive telecoms and other online scams from the border areas.<\/p>\n<p>In a statement announcing the operation, the alliance said they intended to remove those enclaves, which they said were protected by the junta. <\/p>\n<p>But China, which seeks to protect major economic investments in the area, has also called for a ceasefire and confirmed this week that there had been Chinese casualties because of firing from the Myanmar fighting spilling over.<\/p>\n<p>While the junta has been weakened, the diplomats said the possibility of an imminent collapse of the armed forces was remote, though they could lose more territory.<\/p>\n<p>&#8220;If the regime is able to mount a decisive response, it will likely be able to reopen the trade routes to China,&#8221; said Richard Horsey, senior Myanmar adviser at International Crisis Group.<\/p>\n<p>&#8220;If not, this will be seen as a sign of historic weakness.&#8221; <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/commodities-news\/analysislosing-ground-to-rebel-alliance-myanmar-junta-faces-biggest-test-since-coup-3230309\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Poppy McPherson and Devjyot Ghoshal BANGKOK (Reuters) &#8211; A rebel alliance has overrun parts of northern Myanmar, including areas bordering China, with resistance to the military junta notching its most significant win since the 2021 coup, according to a rebel commander, diplomats and analysts. The fiercest fighting has been near Myanmar&#8217;s border with China [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[242],"tags":[83],"class_list":["post-82958","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-commodities","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analysis-Losing ground to rebel alliance, Myanmar junta faces biggest test since coup | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Poppy McPherson and Devjyot Ghoshal BANGKOK (Reuters) - A rebel alliance has overrun parts of northern Myanmar, including areas bordering China, with\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=82958\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analysis-Losing ground to rebel alliance, Myanmar junta faces biggest test since coup | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"By Poppy McPherson and Devjyot Ghoshal BANGKOK (Reuters) - 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