The Political Economy of Chinese Investment in Cambodia

The Political Economy of Chinese Investment in Cambodia - Trends in Southeast Asia

Paperback (30 May 2018)

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Publisher's Synopsis

China suffers from a trust deficit in the region, and Southeast Asian countries have adopted hedging strategies, at varying degrees, aimed at diversifying their economic and strategic interests from Chinese investments and influence. Cambodia considers China as an important strategic and economic partner in providing performance legitimacy and as a countervailing force against its immediate neighbours. Cambodia's economic overdependence and power asymmetry have enabled China to exert significant political leverage over the Kingdom, especially on international issues affecting Chinas core national interest such as the South China Sea dispute. Local communities are discontented with some Chinese investment projects, especially hydropower plants and land concessions, which have infringed on labour rights and environmental protection. Given the public resentment and dynamic changes and transformations of politico-social environment in Cambodia, China needs to address the concerns and issues raised by local communities in order to sustain and enlarge its political and economic footprint. Promoting good corporate governance, as well as social and environmental responsibility, would help.

Book information

ISBN: 9789814786799
Publisher: ISEAS - Yusof Ishak Institute
Imprint: ISEAS-Yusof Ishak Institute
Pub date:
DEWEY: 332.673510596
DEWEY edition: 23
Language: English
Number of pages: 32
Weight: 86g
Height: 229mm
Width: 152mm
Spine width: 3mm