THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

frank lee bent · Post by **frank lee bent** » Tue Dec 26, 2017 6:15 pm

well nice new rails are a great way to move tanks around without tearing up the nice new roads.
plus connecting production centres with end user markets is bound to pay off.
notice they are buying every port they can.
especially pacific or P canal facing ports.
they will probably build a new canal across to the atlantic soon.

https://en.wikipedia.org/wiki/Nicaragua_Canal

Abc123 · Post by **Abc123** » Tue Dec 26, 2017 6:19 pm

John Bingham wrote: ↑Tue Dec 26, 2017 1:29 am
Note the emphasis on “tourism.” Cambodia is not noted for its “tourism” industry other than for Chinese citizens. And “tourism” is often a polite word for gambling.
I have tried reading that a few times and can't figure out what any of it is supposed to mean.

Yes, it's been compacted to read almost nonsensically. I think the writer was trying to say that only the Chinese are investing in mass tourism here at the moment, and that, in Cambodia at least, Chinese 'tourist' is actually just a euphemism for Chinese gambler.

frank lee bent · Post by **frank lee bent** » Tue Dec 26, 2017 6:31 pm

it is against all Chinese law and will be a blip, just like the Russian capital flight was as far as tourism to casino resorts.
very plainly stated in policy and enforcement.
you will see a shake out- i promise- they are already doing the PP revocation gig and deport for months now all over Cambodia!

Abc123 · Post by **Abc123** » Tue Dec 26, 2017 6:36 pm

Imposter555 wrote: ↑Tue Dec 26, 2017 3:47 am "gambling illegal in china" macau has become the latest state of america?

Macau - Wikipedia
https://en.wikipedia.org/wiki/MacauProxy Highlight
Macau also spelled Macao and officially the Macao Special Administrative Region of the People's Republic of China, is an autonomous territory on the western side of the Pearl River estuary in East Asia. Macau is bordered by the city of Zhuhai in

Gambling in Macau - Wikipedia
https://en.wikipedia.org/wiki/Gambling_in_MacauProxy Highlight
Twenty-three casinos are located on the Macau Peninsula and ten on Taipa Island.

The Chinese casino businessman is many times more interested in online gambling for Chinese citizens than it is for tourist gamblers maybe. It seems there is an ongoing tightening of regulations re online gambling in Macau at the moment. Reading the news stories, it appears the get out clause may well be operating a real casino with actual customers, however few, in order to comply with the Chinese new online gambling laws. So, maybe lots of big new casinos with less than 10% of customers, as a cover for the real business going on upstairs. I have heard the Chinese like to gamble. With getting on 1.6 billion of them, there's a fair few dollars to be made. I'd personally like to invest in the repo companies as a secondary and related industry.

As to another reason the big boys are running to Cambodia, and why certain officials are willing to wave the law in Cambodia, this may be one.

https://iclg.com/practice-areas/gamblin ... ions/macau
That and money laundering of course.

frank lee bent · Post by **frank lee bent** » Tue Dec 26, 2017 6:52 pm

chinese are great at laundry from early times.
HSBC is still one of the institutional giants allowed free rein ( reign, OHMS city of london )

pczz · Post by **pczz** » Tue Dec 26, 2017 10:29 pm

if you look at a map china now has a potential land route out through laos and Cambodia to snooky. Vietnam and Thailand are neatly separated. Vietnamese economic power is contained. if the x hits the fan in the south seas the belt and road lets Chinese goods out through Cambodian and to the east. land transport can fairly easily be converted to sustainable energy, but air and sea sre far trickier. Give it 20 years and driverless trains will be delivering tons to europe and asia quicker and cheaper than sea

bangkokhooker · Post by **bangkokhooker** » Tue Dec 26, 2017 11:01 pm

bolueeleh · Post by **bolueeleh** » Wed Dec 27, 2017 12:06 am

Arget wrote: ↑Tue Dec 26, 2017 11:59 am No Mystery at all ?????

Sri Lanka the latest victim of China’s debt-trap diplomacy

Beijing has been given a 99-year lease on Hambantota port as part of a debt-reduction deal, amid talk of creditor imperialism following China's buy-up of strategic ports in Piraeus, Darwin and Djibouti.

his month, Sri Lanka, unable to pay the onerous debt to China it has accumulated, formally handed over its strategically located Hambantota port to the Asian giant. It was a major acquisition for China’s Belt and Road Initiative (BRI) – which President Xi Jinping calls the “project of the century” – and proof of just how effective China’s debt-trap diplomacy can be.

Unlike International Monetary Fund and World Bank lending, Chinese loans are collateralized by strategically important natural assets with high long-term value (even if they lack short-term commercial viability). Hambantota, for example, straddles Indian Ocean trade routes linking Europe, Africa, and the Middle East to Asia. In exchange for financing and building the infrastructure that poorer countries need, China demands favorable access to their natural assets, from mineral resources to ports.

http://www.atimes.com/article/sri-lanka ... diplomacy/

OBOR its a 2 parts strategy, its no secret, part 1 is to have easy access to natural raw material resources, part 2 to make it easy and cost effective for china to export their products to these countries

cptrelentless · Post by **cptrelentless** » Wed Dec 27, 2017 12:56 pm

frank lee bent wrote: ↑Tue Dec 26, 2017 6:31 pm it is against all Chinese law and will be a blip, just like the Russian capital flight was as far as tourism to casino resorts.
very plainly stated in policy and enforcement.
you will see a shake out- i promise- they are already doing the PP revocation gig and deport for months now all over Cambodia!

There are loads of things against the law in China that people get away with. Sure, occasionally they behead one of the unlucky ones but much like here as long as you are good with Xi and his buddies you have nothing to fear. Just apply the veneer of compliance over the top. Like the semantics of the law, find a way you can bend it. Is it a casino or a hotel with entertainment? Do you actually own it? Can you be considered to be operating it, or is it your Cambodian shell? Keep the smoke and mirrors up and kow-tow and you can do it with impunity.

Arget · Post by **Arget** » Wed Dec 27, 2017 2:24 pm

How long before they say "hey you owe us billions. We will take over now. Thanks for inviting us"

THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA

Who is online

Register/Login to CEO with your Social Media Account: