The 48th escort task group of the Chinese People's Liberation Army (PLA) Navy arrived at the Yangon Port on Thursday afternoon, starting a five-day goodwill visit to Myanmar.
More than 300 people, including staff members from the Chinese Embassy in Myanmar, representatives of the local Chinese community, as well as officers and soldiers from Myanmar's military forces, welcomed the fleet at the dock.
Composed of the guided-missile destroyer Tangshan, the guided-missile frigate Daqing and the comprehensive supply ship Taihu, the task group set sail for escort missions in the Gulf of Aden and waters off Somalia on Oct. 11, 2025.
After recently completing its missions in the Gulf of Aden and setting off on its return to China, the task group paid a visit to Bangladesh and is now starting its visit to Myanmar.
Chinese naval escort task group arrives in Myanmar for goodwill visit
Major tech shares in Tokyo offered a stark contrast to the rest of the region on Friday, with the Nikkei 225 gaining 0.5 percent and finishing the week up around 6.5 percent, making its strongest weekly performance in five months.
Timothy Pope, a market analyst at China Global Television Network (CGTN), recapped the market dynamics in Tokyo, noting it had performed far stronger than other regional benchmarks.
"The Nikkei 225 gained 0.5 percent today, and it's up around 6.5 percent for the week -- its strongest performance in five months. That wipes out all of last Friday's enormous losses. You might remember the index plunged almost 6 percent last Friday. What's interesting is that Japanese chip-related stocks have performed pretty well even today, despite Nvidia's sell-off on Wall Street overnight. Advantest gained 2 percent, and Tokyo Electron added 1.7 percent, both of those companies benefiting from investment in AI hardware, and also, both of them with business ties to Nvidia. SoftBank, though, was the big exception. It fell more than 5 percent," said the analyst.
Tokyo stocks posts strongest week in five months: analyst
