THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
- that genius
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Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
'The mystery'?
Doh.
Doh.
- bolueeleh
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Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
there is no mystery, state owned companies top officials are the state's top officials "family", 20+ years of siphoning resulting in billions of black money that needs to be washed, these "family" members have lots of front companies. period
Money is not the problem, the problem is no money
- Arget
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Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
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/
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/
Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
Here's one more reason, I expect the list of things will get even longer if they don't shut that paper down. Inciteful b#st#rds.
Cambodia’s citric acid exports prompt investigation in Europe
http://m.phnompenhpost.com/node/99592
- Jerry Atrick
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Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
Cambodia is one of the last countries on Earth that launders “dirty” money and makes it “clean.”
LOL
- that genius
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Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
Truly Hillaryious propaganda/ignorance.Jerry Atrick wrote: ↑Tue Dec 26, 2017 12:07 pmCambodia is one of the last countries on Earth that launders “dirty” money and makes it “clean.”
LOL
- that genius
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Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
Sounds like a case of sour grapes to me.Abc123 wrote: ↑Tue Dec 26, 2017 12:05 pm Here's one more reason, I expect the list of things will get even longer if they don't shut that paper down. Inciteful b#st#rds.
Cambodia’s citric acid exports prompt investigation in Europe
http://m.phnompenhpost.com/node/99592
- cptrelentless
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Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
I'm pretty sure tourism is up there as one of Cambodia's big draws. My understanding of the Chinese boom is that it's funded by cheap credit. You can get a lot of money nearly for free for construction projects. Apparently we're due the next wave in January, maybe some of them will come visit the casinos.
- frank lee bent
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Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
so far- it is ghostly. locals in SV on FB report a distinct lack of trade in what should be the busiest time.
could be the weather though.
but then, they are pitched at Khmer and Barang so hard to tell.
could be the weather though.
but then, they are pitched at Khmer and Barang so hard to tell.
Re: THE MYSTERY OF WHAT CHINA'S DOING IN CAMBODIA
There are much larger interests at play in the China-Cambodia relationship.
The ASEAN project was supported by the USA as a way to create a cohesive block which could have enough weight on its own to oppose Chinese power in the region, as well as stopping China from creating a network of client states.
The ASEAN voting system needs all states to agree on a project/action before it can be approved, China has a number of interests and disputes with ASEAN members (such as the issue with a number of Vietnamese islands) and needed a country in the block that supports it's interests and act as a "veto". (As it happened with the Vietnamese islands issue).
https://www.japantimes.co.jp/news/2017/ ... IskPmlbqA
Cambodia was just the cheapest one to buy.
There are many things and facets to the Chinese Cambodian relationship and I can't really say everything on a forum but the general idea is that Cambodia is quite useful to China as well as Cambodia's government policies aren't going to change anytime soon making it an useful client state which is unlikely to change its current political alignment.
The ASEAN project was supported by the USA as a way to create a cohesive block which could have enough weight on its own to oppose Chinese power in the region, as well as stopping China from creating a network of client states.
The ASEAN voting system needs all states to agree on a project/action before it can be approved, China has a number of interests and disputes with ASEAN members (such as the issue with a number of Vietnamese islands) and needed a country in the block that supports it's interests and act as a "veto". (As it happened with the Vietnamese islands issue).
https://www.japantimes.co.jp/news/2017/ ... IskPmlbqA
Cambodia was just the cheapest one to buy.
There are many things and facets to the Chinese Cambodian relationship and I can't really say everything on a forum but the general idea is that Cambodia is quite useful to China as well as Cambodia's government policies aren't going to change anytime soon making it an useful client state which is unlikely to change its current political alignment.
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