Saturday, 9 July 2016

Cambodia should be cautious when it comes to Chinese aid (Veasna Var, East Asia Forum)

Hun Sen and Xi Jinping meet in Shanghai in May 2014. (Photo: AAP)

In a 2006 speech, Cambodian Prime Minister Hun Sen praised China, saying that ‘China talks less but does a lot’. China is certainly doing a lot in Cambodia, becoming the country’s largest aid donor and source of foreign investment. Between 1994 and 2013, Chinese investment in Cambodia was about US$10 billion, focused mainly on agriculture, mining, infrastructure projects, hydro-power dams and garment production. Since 1992, China has also provided around US$3 billion in concessional loans and grants to Cambodia.

http://www.eastasiaforum.org/2016/07/09/cambodia-should-be-cautious-when-it-comes-to-chinese-aid/

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