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cptrelentless wrote: ↑Tue Sep 18, 2018 1:13 am 5 mil, maybe 10. In the next five years.

xandreu wrote: ↑Tue Sep 18, 2018 8:23 am Why is it such a bad idea? I understand why people think that, but if the alternative is that Cambodia struggles on as a developing country for decades to come, surely foreign investment is a good thing? Would people be complaining as much if the foreign investment was coming from the US or Europe? I doubt it. But then, Cambodia wouldn't allow such high investment from them. They're friends with China. So it boils down to two options. Refuse foreign investment and keep the struggling economy as the status quo, or open your doors to China, who are willing to invest billions which will inevitably create jobs, stimulate the economy and potentially lift thousands out of an otherwise poverty stricken life.

I understand why people are cynical about it, but it's happening anyway so get used to it. It wasn't that long ago that China was a struggling, developing country. They seem to have done alight for themselves (economically speaking) - there's no reason why they can't do the same for Cambodia.

xandreu wrote: ↑Tue Sep 18, 2018 8:23 am Why is it such a bad idea? I understand why people think that, but if the alternative is that Cambodia struggles on as a developing country for decades to come, surely foreign investment is a good thing? Would people be complaining as much if the foreign investment was coming from the US or Europe? I doubt it. But then, Cambodia wouldn't allow such high investment from them. They're friends with China. So it boils down to two options. Refuse foreign investment and keep the struggling economy as the status quo, or open your doors to China, who are willing to invest billions which will inevitably create jobs, stimulate the economy and potentially lift thousands out of an otherwise poverty stricken life.

I understand why people are cynical about it, but it's happening anyway so get used to it. It wasn't that long ago that China was a struggling, developing country. They seem to have done alight for themselves (economically speaking) - there's no reason why they can't do the same for Cambodia.

Kinetic wrote: ↑Tue Sep 18, 2018 3:35 pm

xandreu wrote: ↑Tue Sep 18, 2018 8:23 am Why is it such a bad idea? I understand why people think that, but if the alternative is that Cambodia struggles on as a developing country for decades to come, surely foreign investment is a good thing? Would people be complaining as much if the foreign investment was coming from the US or Europe? I doubt it. But then, Cambodia wouldn't allow such high investment from them. They're friends with China. So it boils down to two options. Refuse foreign investment and keep the struggling economy as the status quo, or open your doors to China, who are willing to invest billions which will inevitably create jobs, stimulate the economy and potentially lift thousands out of an otherwise poverty stricken life.

I understand why people are cynical about it, but it's happening anyway so get used to it. It wasn't that long ago that China was a struggling, developing country. They seem to have done alight for themselves (economically speaking) - there's no reason why they can't do the same for Cambodia.

I hear what you say and I'm partially agree BUT what I criticize it's the way it's done. Go in Sihanoukville and you wil see. Expropriation,the cost of life increase, big constructions without respect for the coastline... I know that it is the counterpart of the big real estate investment. But the big NO for me it's that the chinese do not adapt to the cambodian culture, they impose their. They came with their chinese restaurants, chinese shops, chinese casinos, chinese ressorts, chinese workers, etc...in 10 years, Sihanoukville will become an extension of China.
I've stayed there for 3 weeks, maybe expat living there will tell me that it's not as worst as I describe.