China and Cambodia ink biggest investment deal to date

[beijingwalker]

China and Cambodia ink biggest investment deal to date
Updated 3 January 2013, 15:08 AEST

China is currently Cambodia's biggest source of foreign investment and that position has just been cemented by a deal that dwarfs all others between the two countries.


A Chinese company and a Cambodian firm have signed a $9.6 billion accord that proposes the construction of a steel plant, a 400 kilometre north-south railway, and a major new seaport.

But concern has been raised about how the deal was struck; the large amount of land assigned to the project; and what will happen to those across the country who'll be displaced.
China and Cambodia ink biggest investment deal to date | Connect Asia | ABC Radio Australia

 

[grandmaster]

we suppose to see jealous comments from vietnamese guys soon. kindly advice is that china also need to watch out protests sponsored by the US too!