​See-no-evil China by far biggest investor | Phnom Penh Post

See-no-evil China by far biggest investor

Business

Publication date
21 September 2006 | 07:00 ICT

Reporter : Post Staff

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Khmer Mekong Films’ productions included a US-funded show aimed at improving local relations with the Cham Muslim as part of the global “war on terror”. Photo Supplied

S tate-owned and private Chinese companies invested more than $450 million in Cambodia's economy last year. The figure signals a 460 percent increase from 2004 and makes China by far Cambodia's top foreign investor, according to a Los Angeles Times report. According to the report, the US's contribution stands at $62 million. "China has proven different from other donors. They don't impose conditions," said Minister of Commerce Cham Prasidh. "Others say, 'You have to do this with human rights, you have to do that with democratic reforms.' China doesn't do that."

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