China has not approved any new loans to Cambodia in the first nine months of 2024, Cambodian finance ministry data shows, even though it has been Cambodia's top creditor country in recent years. The collapse in funding may signal China's more cautious approach to investment in Cambodia after a series of so-far unsuccessful infrastructure projects in the Southeast Asian country.
China ties might have stalled due to Beijing holding up funding for Phnom Penh and concerns about scam centres.
A U.S. Navy warship arrived Monday in Cambodia, the first such visit in eight years to a nation that is a close ally of China in Southeast Asia. Cambodia's government has suggested the port call reflects an upgrade in often-strained relations.
A U.S. Navy warship will make a port call next week in Cambodia, China’s close ally in Southeast Asia, the first such visit in eight years.
Cambodia's influential former Prime Minister Hun Sen said on Friday that Japan would be granted visitation rights to the country's Ream Naval Base, a facility the United States is concerned could become a military outpost for China.
From sanctions to grassroots engagement, the Florida senator has the opportunity to redefine U.S. leadership in Southeast Asia.
Commercial Aircraft Corp of China Ltd. is making overtures to airlines from Indonesia to Kazakhstan, according to people familiar with the matter, as the planemaker seeks to secure its first international customers for its single-aisle C919 jet.
China has halted new loans to Cambodia in 2024 despite being a top creditor, owing to cautious investment after unsuccessful projects. Other creditors, including the World Bank and Japan, have bridged the funding gap by providing loans totaling around $1 billion this year.
Cambodia’s authoritarian leader, Hun Sen, has long cultivated relations with China, and reportedly signed a secret agreement in 2019 allowing the Chinese to establish a base at Ream.
Cambodian artists perform during a Cambodia-China cultural show in Phnom Penh, Cambodia on Dec. 15, 2024. The "Golden Promise 2024," a China-Cambodia cultural show, was staged here Sunday evening to celebrate the people-to-people exchange year, attracting hundreds of spectators. (Photo by Phearum/Xinhua)
China has not approved any new loans to Cambodia in the first nine months of 2024, Cambodian finance ministry data shows, even though it has been Cambodia's top creditor country in recent years.
The USS Savannah departed from Cambodia last Friday, after the first port visit by the U.S. Navy to the Southeast Asian nation in eight years. Despite being a close partner of China, analysts say the stop in Cambodia’s port city of Sihanoukville shows that the country is looking to improve its relations with the United States.