Old and New Chinese Business in Cambodia s Capital is popular PDF and ePub book, written by Michiel Verver in 2020-01-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Old and New Chinese Business in Cambodia s Capital can be Read Online from any device for your convenience.
Old and New Chinese Business in Cambodia s Capital Book PDF 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.
Detail Book of Old and New Chinese Business in Cambodia s Capital PDF
- Author : Michiel Verver
- Release : 06 January 2020
- Publisher : ISEAS-Yusof Ishak Institute
- ISBN : 9789814881418
- Genre : Business & Economics
- Total Page : 44 pages
- Language : English
- PDF File Size : 20,6 Mb
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