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Cambodia reliant on China for a range of infastructure projects
Cambodia is in need of foreign investment for a number of major infrastructure projects and China is becoming the country’s biggest investor on several key ventures. This is part of a broader expansion in China’s influence in Asia as the country continues to develop into the world’s second superpower.
Cambodia suffered through the economic downturn that came about following the financial crash toward the end of 2008. In 2009, the economy contracted 1%, which wrought significant hardship for many hundreds of thousands of people, most notably those employed in the garment sector as the export of clothing fell by around 20% in value. Read more
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The ancient temples of Angkor, historic buildings, Southeast Asian culture and jungle scenery are among the chief attractions of Cambodia.
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