Cambodia
Cambodia’s big old friend : China
Cambodia’s persistent infatuation with China was blatantly displayed on the world stage in 2012 when, as ASEAN Chair, it refused to address the territorial disputes in the South China Sea. This widely commented incident once again underscored the close relationship between both countries.

Cambodia’s persistent infatuation with China was blatantly displayed on the world stage in 2012 when, as ASEAN Chair, it refused to address the territorial disputes in the South China Sea. This widely commented incident once again underscored the close relationship between both countries.
Cambodia falls to China’s charm does not come as a surprise. The benefits from being among China’s most favoured nations are quite obvious. Cambodia receives Chinese investments and economic and military aid, both in kind and money, with ‘no strings attached’ — as the saying goes. The Cambodian government depicts China as a big old friend, a friendship that goes back a long time in history and one that has survived many regime changes. The friendship between China and the current regime in Phnom Penh was confirmed after the 1997 coup.
The coup saw the leader of the Cambodian People’s Party, Hun Sen, oust then Prime Minister Prince Norodom Ranariddh, undoing the efforts of the international community to administer peace and good governance in the country since the Paris peace agreements in 1991
The rest is here:
Why China charms Cambodia
Cambodia
CLMV’s economic growth crashes to two-decade low due to COVID-19
The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year
Cambodia
Cambodia’s aid and investment affair with China
China is Cambodia’s biggest aid provider and Chinese investors hold almost a quarter of Cambodia’s total FDI stock. Distinguishing Chinese aid from investment is difficult, but there is no doubting China’s huge economic impact in Cambodia.

The debate about China’s rapidly growing global investment and development financing footprint has focused on deciphering Chinese intentions — whether China aims to revise or maintain the US-led ‘liberal international order’.
(more…)Cambodia
Thailand pushes CLMVT as the “New Value Chain Hub of Asia”
The Ministry of Commerce, in cooperation with 11 relevant agencies, hosted the CLMVT Forum 2019 with delegates from Cambodia, Laos, Myanmar, Vietnam, and Thailand

BANGKOK, 24 June 2019 (NNT) – Thailand’s Prime Minister, Gen. Prayut Chan-o-cha, today attended the opening of the CLMVT Forum 2019, and urged its member countries to push for the development of the CLMVT Regional Value Chain, so that they can have more bargaining power and improve the well-being of their citizens.
(more…)-
National5 days ago
Thai cabinet allows illegal migrant workers to sign up for 2-year work permit
-
Investment1 week ago
Thailand Saw $1.7 billion Applications in Bio-Circular-Green (BCG) Investments in 2020, BOI Says
-
Tourism5 days ago
Thai Government imposes ban on gatherings over New Year 2021 holidays
-
Economics3 days ago
Thai Exports to grow 4% in 2021