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.
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.
To Lam praised defence cooperation between China and Vietnam as “increasingly practical and effective”, according to a Vietnam News Agency report. 04:15 Cambodia’s ambitious China-backed Funan Techo Canal risks harming Mekong River Cambodia’s ...
The government said in a news release that the fee for tourist type (e-visa T) would be slashed to $30 from the current $36, while the fee for regular type (e-visa E) would be lowered to $35 from the current $42. The move aimed to attract more tourists and investors to the Southeast Asian country.
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.
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.
China ties might have stalled due to Beijing holding up funding for Phnom Penh and concerns about scam centres.
From sanctions to grassroots engagement, the Florida senator has the opportunity to redefine U.S. leadership in Southeast Asia.
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.
Financiers from China’s Guangdong province are exploring opportunities for trade and investment in Cambodia across various sectors, as bilateral trade between the two nations nears US$14 billion this year.
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.