The Allure of ASEAN

Members of the Association of Southeast Asian Nations have become magnets for Chinese investment amid the global economic slump.

Among the most recent deals, Hunan-based Xinyuan Mining Co. Ltd. bought a license to exploit a 28 million square meter gold mine in Cambodia, and Canxiang Mining purchased equity in a Canadian gold miner's exploitation project in Cambodia valued at US$ 2.4 million.