Cambodia and China have signed a $1.2 billion deal to finance an ambitious canal project that aims to boost trade efficiency by linking a branch of the Mekong River near Phnom Penh to a port on the Gulf of Thailand,

Cambodia and China have signed a $1.2 billion deal to finance an ambitious canal project that aims to boost trade efficiency by linking a branch of the Mekong River near Phnom Penh to a port on the Gulf of Thailand,

Chinese President Xi Jinping has completed a two-day state visit to Cambodia, capping a three-nation tour that included stops in Vietnam and Malaysia at a time when all three Southeast Asian countries are facing economic challenges from U.

In Cambodia, there was also a dire need to end the uncertainty over funding. Phnom Penh has developed a heavy reliance on Chinese money in recent years and moved firmly into Beijing’s orbit as a proxy within ASEAN and as a strategic ally through its Ream Naval Base.

Chinese President Xi Jinping (習近平) yesterday completed a two-day state visit to Cambodia, capping a three-nation tour that included stops in Vietnam and Malaysia at a time when all three Southeast Asian countries are facing economic challenges from US President Donald Trump’s tariff proposals.