Thursday, December 9, 2010
By Kyle Dometrovich & Zack Pinsky
Staff writers
The Guilfordian
China's history of imperialism dates back past 200 B.C. With the recent investments in Cambodia's infrastructure, many fear that China is returning to its imperialist roots.
Recently, Cambodia has seen a drastic influx of money into their economy due to Chinese investment, following a period of serious economic downturn. These monetary gains, however, come at a great cost to Cambodian citizens.
As the economy develops, the Chinese government strengthens its stranglehold on Cambodia's infrastructure.
According to the Washington Post, in 1997, Chinese investment in Cambodia tripled from past years. This increased another 40 percent in 1999, making China the largest foreign investor in the Cambodian economy.
Along with economic support, China has contributed significant military aid, totaling $14 million, to Cambodia, according to the Indian newspaper ZeeNews. As China continues to monopolize Cambodian infrastructure, there is growing global concern about the independence of Cambodia.
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As the economy develops, the Chinese government strengthens its stranglehold on Cambodia's infrastructure.
According to the Washington Post, in 1997, Chinese investment in Cambodia tripled from past years. This increased another 40 percent in 1999, making China the largest foreign investor in the Cambodian economy.
Along with economic support, China has contributed significant military aid, totaling $14 million, to Cambodia, according to the Indian newspaper ZeeNews. As China continues to monopolize Cambodian infrastructure, there is growing global concern about the independence of Cambodia.
Please click here to read more...
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