Title Old and "New" Chinese Business in Cambodia's Capital

Published Singapore : ISEAS Yusof Ishak Institute, 2019 Baltimore, Md. : Project MUSE, 0000 2019

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Description 1 online resource (33 pages) : illustrations Series Trends in Southeast Asia, 0219-3213 ; TRS 17/2019 Book collections on Project MUSE Contents Front matter -- FOREWORD -- "Old" and "New" Chinese Business in Cambodia's Capital -- REFERENCES Summary China's influence over economic and political affairs in Cambodia is undisputed. It is the biggest investor in Cambodia, adding nearly US$5.3 billion between 2013 and 2017, especially into real estate development, the garment industry and the tourism sector. For Phnom Penh's SMEs, 'new' Chinese migrants are an increasingly important clientele, and raw materials, machinery, consumer goods and capital from Greater China have been vital resources. At the same time, they face competition from entrepreneurs from China entering the Cambodian market. For Cambodia's elite entrepreneurs, known as oknha, China is an export destination for Cambodian timber and cash crops, and 'new' Chinese investments provide business opportunities in the form of construction contracts and joint ventures in real estate and tourism development, industrial parks or the energy sector. Recent Chinese investments and migrants have reinforced Cambodia's established politico-economic order, which is characterized by ethnic Chinese economic dominance as well as a divide between the business-state elite and the general population Notes "TRS17/19s"--Back cover Description based on print version record Subject Investments, Chinese -- Cambodia -- Phnom Penha -- History Business enterprises -- Cambodia -- Phnom Penh -- History Chinese -- Cambodia -- Phnom Penh -- Economic conditions Investments, Chinese Chinese -- Economic conditions Business enterprises Cambodia -- Phnom Penh Genre/Form History Form Electronic book Author Institute of Southeast Asian Studies, issuing body. ISEAS-Yusof Ishak Institute, publisher. Project Muse. distributor. ISBN 9789814881401 9789814881418 9814881414 9814881406

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