Caixin
Jan 25, 2019 07:45 PM
BUSINESS & TECH

Cambodia Gets Even Closer to China With New Raft of Aid, Investment

Cambodia's 400 megawatt Lower Sesan 2 hydroelectric dam is seen during its inauguration in the country's Stung Treng province on Dec. 17, 2018. Photo: VCG
Cambodia's 400 megawatt Lower Sesan 2 hydroelectric dam is seen during its inauguration in the country's Stung Treng province on Dec. 17, 2018. Photo: VCG

China pledged further aid and investment to Cambodia and signed a raft of cooperation agreements with the Southeast Asian nation during Prime Minister Hun Sen’s four-day trip to Beijing this week, providing support for a regime increasingly shunned by other international donors.

While they do not share a physical border, Cambodia has a strong case for being the Southeast Asia country closest to China. The long-serving Cambodian prime minister has grown increasingly warm toward Beijing in the last two decades, providing a useful friend in a region wary of its larger neighbor’s intentions. To help address these concerns, China and Singapore agreed Thursday to set up a panel of international mediators to help resolve disputes arising from China’s Belt and Road Initiative infrastructure initiative.

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