US Embassy: Chinese trade does not help like the West’s

The US Embassy in Phnom Penh on Friday said relations between China and Cambodia did not create jobs or help industry when compared to the trade between the Kingdom and the US. “About 87 per cent of trade [with China] are Chinese imports, which do not support jobs or industry in the same way Cambodia’s trade relationship with the United States or the EU does. This is just one more way Cambodia has shifted from a more balanced and diverse economic approach to one more dependent on China,” the US embassy wrote on its Facebook page. …

Long Kimmarita
https://www.phnompenhpost.com/national/us-embassy-chinese-trade-does-not-help-wests