Viet
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It is in China's interest to maintain peace and economic growth of the region but I would think that it is up to Thailand and Cambodia themselves to settle the disputes, peacefully, first. I don't think China will play 'the big brother' in the Thai-Cambodian issue.
It is important for both of the sides to realize that there are far more important things like trade and economic growth than firing across the jungle border land.
I fully agree with you. Though China should be very carefull, avoiding of delivering of offensive weapons to either parties. Today nationalistic sentiments are on the rise in the region.