The Myanmar government will renegotiate billions of dollars' worth of its natural resources deals to clamp down on corruption and impose tougher environmental standards…Myanmar has huge reserves of resources including natural gas, crude oil, tin, timber and precious gems..."Apparently, the government is preparing to renegotiate all previously agreed-upon projects to ensure that appropriate safeguards are in place and to subject future projects to stricter social and environmental controls," said a report by the Asia Society, which has worked closely with the old junta and new government...The government reforms must produce results for the vast majority of the Myanmar population, who still live in “abject poverty," DiMaggio [co-author of the report] said...Chinese firms may also suffer...[M]any [Chinese] projects have become controversial because of their environmental and social costs to Myanmar, leading to protests and hostility...