Weighing the Costs of Cambodia's Rental to China (Opinion piece)

This is where our community discusses almost anything! While we're mainly a Cambodia expat discussion forum and talk about expat life here, we debate about almost everything. Even if you're a tourist passing through Southeast Asia and want to connect with expatriates living and working in Cambodia, this is the first section of our site that you should check out. Our members start their own discussions or post links to other blogs and/or news articles they find interesting and want to chat about. So join in the fun and start new topics, or feel free to comment on anything our community members have already started! We also have some Khmer members here as well, but English is the main language used on CEO. You're welcome to have a look around, and if you decide you want to participate, you can become a part our international expat community by signing up for a free account.
User avatar
Josh_76
Expatriate
Posts: 189
Joined: Thu Oct 23, 2014 8:14 pm
Reputation: 50
Location: SE Cambodia
Germany

Weighing the Costs of Cambodia's Rental to China (Opinion piece)

Post by Josh_76 »

https://international.thenewslens.com/article/99200

"Cambodia owes about half of its US$6 billion debt to China, or about 15 percent of Cambodia’s US$22 billion GDP. And a recent Bloomberg report cites the Center for Global Development, a Washington research group, as indicating that a further US$3.5 billion in Chinese loans are being pumped into Cambodia on the back of BRI.

As it stands, Cambodia’s overall debt level at 38 percent of GDP in 2017 is manageable, even enviable by the standards of Japan (245 percent) and the U.S. (118 percent), but the African proverb “If a man’s hand is another man’s pocket, he must walk where he walks” surely applies."
User avatar
Duncan
Sir Duncan
Posts: 8149
Joined: Tue Jun 03, 2014 8:22 pm
Reputation: 2357
Location: Wonder Why Central

Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)

Post by Duncan »

Josh_76 wrote: Mon Jul 09, 2018 3:10 pm https://international.thenewslens.com/article/99200

"Cambodia owes about half of its US$6 billion debt to China, or about 15 percent of Cambodia’s US$22 billion GDP. And a recent Bloomberg report cites the Center for Global Development, a Washington research group, as indicating that a further US$3.5 billion in Chinese loans are being pumped into Cambodia on the back of BRI.

As it stands, Cambodia’s overall debt level at 38 percent of GDP in 2017 is manageable, even enviable by the standards of Japan (245 percent) and the U.S. (118 percent), but the African proverb “If a man’s hand is another man’s pocket, he must walk where he walks” surely applies."
Thank God we have two hands.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
bangkokhooker
Expatriate
Posts: 1094
Joined: Mon Sep 04, 2017 3:14 pm
Reputation: 108
United States of America

Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)

Post by bangkokhooker »

i find it funny that saying comes from africa the biggest scammers on earth!

u walk where he walks to get his wallet.
User avatar
that genius
Expatriate
Posts: 4064
Joined: Wed Dec 06, 2017 7:53 am
Reputation: 960
Sweden

Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)

Post by that genius »

bangkokhooker wrote: Mon Jul 09, 2018 5:43 pm i find it funny that saying comes from africa the biggest scammers on earth!
Biggest scammers..monotheistic religions...only one from Africa. Two from middle east.

Colonialism..the west.

IMF and World Bank..the west

Privatisation of basic services - water/electricity...the west

Bigpharma...the west

Bottled water..the west.

Voluntourism...the west.

West rules in terms of scams
User avatar
John Bingham
Expatriate
Posts: 13763
Joined: Sun Dec 07, 2014 11:26 pm
Reputation: 8969
Cambodia

Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)

Post by John Bingham »

that genius wrote: Mon Jul 09, 2018 6:20 pm
bangkokhooker wrote: Mon Jul 09, 2018 5:43 pm i find it funny that saying comes from africa the biggest scammers on earth!
Biggest scammers..monotheistic religions...only one from Africa. Two from middle east.

Colonialism..the west.

IMF and World Bank..the west

Privatisation of basic services - water/electricity...the west

Bigpharma...the west

Bottled water..the west.

Voluntourism...the west.

West rules in terms of scams
Which religion from Africa do you mean?
Silence, exile, and cunning.
User avatar
that genius
Expatriate
Posts: 4064
Joined: Wed Dec 06, 2017 7:53 am
Reputation: 960
Sweden

Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)

Post by that genius »

Should read as expanding from, they moved along the N African coast and thence to Spain, but yes, originated in Saudi
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: armchairlawyer, barang_TK, Bing [Bot], Clutch Cargo, ExPenhMan, Ong Tay, Stravaiger, Ziggy and 303 guests