Cambodia's $1.7B canal project faces funding uncertainty as China hesitates to commit funds.

Cambodia's $1.7 billion Funan Techo Canal project, aimed at reducing the country's reliance on Vietnam for shipping, faces uncertainty due to China's hesitance to commit funding. Initially expected to contribute 49% of the funds, China's recent reduction in investments in Cambodia has cast doubt on the project's future. This financial uncertainty has become a point of tension in Cambodia-China relations.

November 23, 2024
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