Myanmar's economy is already suffering due to COVID-19. Analysts say an imposition of broad economic sanctions in response to the coup could harm the country and result in greater Chinese influence.

The military arrested Suu Kyi and members of her political party early Monday, hours before it declared a transfer of power and a one-year state of emergency in the Southeast Asian country.

Aung San Suu Kyi and her National League for Democracy appear set to remain in power after Sunday's general election, which is largely seen as a referendum on Suu Kyi's first term.

Aung San Suu Kyi's National League for Democracy won in a 2015 landslide and is expected to win again. But with voting denied or canceled in some areas, more than a million voters are disenfranchised.