Good ties boost investment, trade, tourism between Cambodia, China

The bilateral relations between Cambodia and China in terms of investment, trade and tourism have become stronger in the past year thanks to the two countries’ good relations, said officials Friday. Cambodia attracted China’s investments of 1.19 billion U.S. dollars in 2011, up 71 percent from 694 million U.S. dollars in a year earlier, according to the Council for the Development of Cambodia (CDC). China’s 22 investment projects last year focused on property development, mineral business and processing plants, motorcycle assembly factories, gold mining, rice mill and garment factories. The bilateral trades amounted to 2.5 billion U.S. dollars last year, up 73.5 percent, the highest growth rate among the bilateral trade between China and other ASEAN countries, according to the statistics provided by the Chinese Embassy. …

http://news.xinhuanet.com/english/china/2012-02/17/c_131416641.htm