Thread: CAMBODIA - China's power of investment

China is consolidating its economic power, by investing primarily abroad.

Chinese investments are also mushrooming in Cambodia.

Click the link - https://www.dw.com/en/chinas-power-o...nt/av-44849597

The chinkies can do what they like; they are paying off and supporting Hun Sen.

https://www.ft.com/content/23968248-...f-79eb4891c97d

How comforting for the "international community" that the Cambodia is not ruled by a military junta but by a democratically elected leader...

Beware of the Yellow Peril....

Originally Posted by OhOh

"More broadly, they signal how big money, secret dealings and high-level backing from the ameristan xxxxxx political party have helped pull [insert any one of ameristanis vassals here] firmly intoAmeristan's sphere of influence over the last few decades."

Other quotes from your link:

"some Southeast Asian nations have bolstered their ties with the US, including Vietnam and the Philippines."

"how private Chinese companies, backed by Beijing’s diplomatic resources and the unrivalled muscle of its state-run banks,"

ameristani banks want too much profit, cheaper workers ........... ameristan needs to bomb them to servitude?

So many more holes in your dated link.

FIFY.

Except the people are being helped to attain "a moderately wealthy society" when choosing Uncle Xi's offer of assistance. As proven back in the currently WTO defined as "an emerging country", China, who lifted millions out of poverty.

One wonders where ameristan can stand back and say;

"Look at xxxxx, their citizens have achieved so much in the hundred years of ameristani world domination. We are loved and looked up to on every continent of the world. We truly are an exceptional country, a shining light on the hill".

Come on 'arry give us a list of the countries.

It's called proper journalism OhOh. They are not taking sides and freely report that American has tried its own means of taking over countries.

Something you probably don't understand since you only ever seem to read state media from Chinastan and Russiastan.

Though, it might be perfectly acceptable [from Eurocentric apologists] if Cambodia "maintained" support by the selected West...as they have a rich history of friendly relations and controlling business ventures with an assortment of totalitarian regimes....

No one blinks an eye when this is the case.
Hypocrisy and deep cultural centricity blinds the usual circle.

Attention is instinctive when addressing the old traditional evil boogieman - China/Russia.

Originally Posted by HuangLao

Though, it might be perfectly acceptable [from Eurocentric apologists] if Cambodia "maintained" support by the selected West...as they have a rich history of friendly relations and controlling business ventures with an assortment of totalitarian regimes....

No one blinks an eye when this is the case.
Hypocrisy and deep cultural centricity blinds the usual circle.

Attention is instinctive when addressing the old traditional evil boogieman - China/Russia.

Cheers Jeff. You’ve just confirmed that you know absolutely fuck all about global economics, today or historically.
Yes friends it’s that TD time again.

Fook off Jeff.

Cheers for the negligible impact red repo ya dull cunter . I have more knowledge in my cock than you have brain cells ya thicko pretentious wanker.

Originally Posted by HuangLao

Though, it might be perfectly acceptable [from Eurocentric apologists] if Cambodia "maintained" support by the selected West...as they have a rich history of friendly relations and controlling business ventures with an assortment of totalitarian regimes....

No one blinks an eye when this is the case.
Hypocrisy and deep cultural centricity blinds the usual circle.

Attention is instinctive when addressing the old traditional evil boogieman - China/Russia.

When you consider that the Chinese actually supported Pol Pot, I would imagine there are a fair few Cambodians that aren't happy with Hun Sen handing over the keys to the chinkies.

But they can't say it or they'll get beaten to death or jailed.

The usual and expected circles still don't get it, nor ever will.

Pathetic.

Originally Posted by harrybarracuda

I would imagine there are a fair few Cambodians

...that enjoy having a job and earning some money, some electricity, some paved roads, a few bridges, a means of getting their goods to market, food to eat .......

Europe and ameristan have had centuries to develop a reasonably wealthy Cambodian society in Asia and resolutely failed to improve the Asians lot one iota.

Stand back and watch another succeed or stir the shit and wallow in the agony again.

Originally Posted by OhOh

...that enjoy having a job and earning some money, some electricity, some paved roads, a few bridges, a means of getting their goods to market, food to eat .......

Europe and ameristan have had centuries to develop a reasonably wealthy Cambodian society in Asia and resolutely failed to improve the Asians lot one iota.

Stand back and watch another succeed or stir the shit and wallow in the agony again.

Yes because I'm sure China is buying up Cambodia because it wants to help the Cambodian people.

Like it helped the Laos people by drenching their land in toxic pesticides to maximise the crops it could extract.

"We're here to help you", they exclaimed in Chinkie.

Originally Posted by harrybarracuda

Yes because I'm sure China is buying up Cambodia because it wants to help the Cambodian people.

Like it helped the Laos people by drenching their land in toxic pesticides to maximise the crops it could extract.

A country with a moderately wealthy society buys more goods and also produces many items at a cost saving. So yes the BRI is a make work/profit offering which unfortunately for the west is better for all, hence the win/win tag.

The factual evidence is available to study in China, Africa, South America ......... now. The historic evidence of western colonisation is historical fact and available to study ......... now. If you desire to.

I am presuming the ameristanis/Australians must have missed a small area when spraying and bombing Laos in previous times. That the indigenous Laos farmers never used fertilisers and pest control chemicals because they were never taught about them by the western masters, didn't understand them or couldn't afford them before Uncle Xi's men and women arrived and stuck this in the ground.

Originally Posted by OhOh

A country with a moderately wealthy society buys more goods and also produces many items at a cost saving. So yes the BRI is a make work/profit offering which unfortunately for the west is better for all, hence the win/win tag.

The factual evidence is available to study in China, Africa, South America ......... now. The historic evidence of western colonisation is historical fact and available to study ......... now. If you desire to.

I am presuming the ameristanis/Australians must have missed a small area when spraying and bombing Laos in previous times. That the indigenous Laos farmers never used fertilisers and pest control chemicals because they were never taught about them by the western masters, didn't understand them or couldn't afford them before Uncle Xi's men and women arrived and stuck this in the ground.

You know that your feeble non sequiturs have no bearing on the fact that China is using its economic might, often illegally, to parasitically seize every resource it can get its grubby hands on, right?

You sound like a Fox News anchor with your stupid "What about" shite.

By the way, it seems they are also doing it in Sierra Leone. Interesting comments from the President (who no doubt it getting some fat envelopes of his own) and others.

Sierra Leone's President Ahmad Tejan Kabbah said that he saw China as a "key partner".

"They not only showed interest in investment in Sierra Leone after the war, but they did during the war and before," he said.

"This we appreciate very much."

He also pointed out that Sierra Leone's backing of China's admission into the United Nations in 1971 had been a key moment in the countries' relationship.

"I think the Chinese are aware of this - so they're just being grateful to us for what we did."

But he added that he also believed China was looking for places for its "surplus population" to go.
"The size of their country is limited - it cannot be expanded," he said.
"There is no more room... that is one of the reasons why they are looking outside for some expansion. That's my judgement of the situation."

There are fears China will distort Sierra Leone's labour market

And others have warned of different pitfalls in the Chinese investment.

One is that China might bring its own workers into the country, rather than using domestic labour - as it has already done in Algeria and Sudan.

Sam King, a Freetown businessman, said this would be an "economic disaster."

"If you have to import labour in the face of poverty and unemployment... it is not going to help the country," he said.

"It will have a negative impact on the people."

And he also said he believed there were less benign motives behind China's investment in so many parts of the world.
"I believe it is a strategy to make their presence felt," he added.

"They now consider they are building themselves as a world power... I believe it is both strategic and economic," he said.

BBC NEWS | Africa | Chinese cash targets Sierra Leone

Originally Posted by harrybarracuda

BBC NEWS | Africa | Chinese cash targets Sierra Leone

But your source does present another viewpoint and shows it's not 100%. Give them a few decades and maybe their views will be more China positive, both overseas and here, on TD.

The number of Chinese construction workers will increase. The Chinese after all want to train locals to manage the projects afterwards, they need to train/upgrade the locals skill base, they also need to ensure the quality of their projects are ensured not only during construction but throughout the envisaged projects life, they need to train the doctors/health workers, the teachers, the electricians, the managers, the administrators etc.

Some will remain as entrepreneurs and help with exporting local farmers/workers goods as well as importing Chinese goods if they can sell them. Some may start local factories which will create profits for themselves as well a creating more local skilled workers to increase the local purchasing powers. They will also take wives and create families or build dynasties. Not as Madame Butterfly experienced.

At least somebody in this broken world has a plan, which allegedly is showing promise. "It's to early to say".

Originally Posted by OhOh

But your source does present another viewpoint and shows it's not 100%. Give them a few decades and maybe their views will be more China positive, both overseas and here, on TD.

The number of Chinese construction workers will increase. The Chinese after all want to train locals to manage the projects afterwards, they need to train/upgrade the locals skill base, they also need to ensure the quality of their projects are ensured not only during construction but throughout the envisaged projects life, they need to train the doctors/health workers, the teachers, the electricians, the managers, the administrators etc.

Some will remain as entrepreneurs and help with exporting local farmers/workers goods as well as importing Chinese goods if they can sell them. Some may start local factories which will create profits for themselves as well a creating more local skilled workers to increase the local purchasing powers. They will also take wives and create families or build dynasties. Not as Madame Butterfly experienced.

At least somebody in this broken world has a plan, which allegedly is showing promise. "It's to early to say".

If it's too early to say, why are you fucking saying it then?

They don't want foreign workers, they can't control them. They might start things like, you know, Unions.

Originally Posted by harrybarracuda

If it's too early to say, why are you fucking saying it then?



They don't want foreign workers, they can't control them. They might start things like, you know, Unions.

Saying what?

The Chinese have a good record of employing, educating and raising their own and foreign workers living standards. Chinese seem to be able to control both local and foreign workers at home and abroad. As for unions, the demolition of unions is a western phenomena.

Originally Posted by OhOh

Saying what?

The Chinese have a good record of employing, educating and raising their own and foreign workers living standards.

While I'm recovering from this bout of hysterical, gut wrenching laughter, I'll let you peruse this picture of Foxconn's legendary anti-suicide nets.

Crikey....they actually exist ! We didn't hear anything about this in Australia..

https://en.wikipedia.org/wiki/Foxconn_suicides

Originally Posted by OhOh

Saying what?
Chinese seem to be able to control both local and foreign workers at home and abroad. .

Yep. They do a great job.


https://www.telegraph.co.uk/news/worldnews/africaandindianocean/zambia/8073443/Zambian-miners-shot-by-Chinese-managers.html

Police said that the Chinese executives opened fire on workers protesting against poor pay and conditions at the Collum coal mine in the southern Sinazongwe province on Friday.

Eleven people were admitted to hospital with wounds to the stomachs, hands and legs, and two are understood to remain in a critical condition.

A Foreign Ministry official in Beijing said that the shooting was a "mistake" but the incident has fuelled demands to curb China's overwheening position in mine investments.

The Patriotic Front, a leading opposition party, is campaigning for elections next year on platform of restricting Chinese investment until conditions are improved.

"We know we can't be protected by this government because it has been heavily corrupted by the Chinese for the 2011 elections and the current by-elections," said Michel Sata, the PF's leader nicknamed King Cobra for his combatative stance.

Poor old HoHo, he lives in a fantasy world of state-controlled media where everyone dances and sings all day in the unrequited joy of their sweat shop working conditions.


(Or, as above, gets shot).

Chinese investments boost Cambodian development



"China will continue to lend a helping hand to the development of Cambodia, Chinese experts said on Sunday, as the Buddhist kingdom kicked off its sixth general election.

Cambodia's National Election Commission said that 8.3 million people were registered to vote on Sunday and the turnout was 82.71 percent. In the previous election in 2013, the turnout was 69.61 percent, Reuters reported.

Cambodia's ruling party predicted a landslide win as vote counting was still underway, AFP reported. Official results are expected in mid-August.

China supports the Cambodian people in choosing a development path that suits its national conditions and supports and looks forward to a successful election, Chinese Foreign Ministry spokesman Geng Shuang said at a daily briefing on Friday.

Cambodian Prime Minister Samdech Techo Hun Sen will very likely be re-elected due to the lack of competitive candidates and his high reputation, Chinese experts said Sunday.

China's investment and trade in Cambodia will remain unaffected following the election, Shen Shishun, an Asia-Pacific expert at the China Institute of International Studies, told the Global Times on Sunday.

Hun Sen is an old friend of China who has sound interaction and trust with China's leadership, he noted.

"Under Hun Sen, Cambodia has been an all-dimension partner in the China-proposed Belt and Road initiative, and the country will continue to benefit from it," Shen said.

The Southeast Asian country holds a general election every five years. Sunday's election is the sixth since 1993.

China is Cambodia's biggest trading partner and largest source of imports, with bilateral trade valued at $5.79 billion last year, according to data released on the website of the Chinese Embassy in Cambodia in April.

As the largest source of foreign investment in Cambodia, China's tally reached $12.57 billion by the end of October last year, accounting for more than one-third of the country's total, Xinhua said.

Cambodia is in need of capital and technology for its development, Shen said, and investments from China could help fill those needs.

China is also the largest investor in construction and real estate in Cambodia, as Chinese investors are confident in the country's peace, political stability, favorable laws, incentives for investors and sound macro-economic stability, Xinhua quoted Seng Loth, a spokesman for Cambodia's Ministry of Land Management, Urban Planning and Construction, as saying.

Expanding potential

In addition to construction and infrastructure, China has been investing in Cambodia's manufacturing industry, a move that will help Cambodia's long-term development unleash its full potential, according to Chinese experts.

"Cambodia has a large population and needs jobs. China's investments are creating more job opportunities for them, boosting local development," Shen said.

Zhu Zhenming, a professor at the Yunnan Academy of Social Sciences, told the Global Times on Sunday that "Cambodia's manufacturing industry is weak in realizing the country's industrialization, and China is cultivating their engineers and technicians to help them."

Investment in infrastructure could bring immediate results, while investment in talent could bring more sustainable growth to the local economy and have far-reaching effects on the country's development, Zhu said.

To further help with the country's development, China is likely to invest in Cambodian human resources in science, agriculture and services, Zhu added."

Chinese investments boost Cambodian development - Global Times

As I said:

Poor old HoHo, he lives in a fantasy world of state-controlled media

Originally Posted by OhOh

Chinese investments boost Cambodian development
Chinese investments boost Cambodian development - Global Times