"This could promote the formation of a string of active economic development zones surrounding India, which would not be a bad thing if it could place pressure on New Delhi to deepen its economic cooperation with neighbouring countries."
"This would help to connect the markets in India, China and Southeast Asia, the world's three most active economic regions."
The report said that as a key strategic location connecting China and India, Myanmar was reportedly ramping up efforts to make itself a new offshore trading hub in Asia.
As Myanmar's largest trade partner and largest source of investment, China was crucial for Myanmar's external-policy strategy.
It said that India was going all out to make the visit by Myanmar's military chief a resounding success following tensions on the border between India and China, "but there is no reason for China to feel any anxiety".
"Myanmar is unlikely to do a stupid thing like supporting India's stand on the tensions in the border area as that would risk cutting its economic ties with China.
"There is tremendous potential for further economic and trade cooperation between China and Myanmar," it added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)