China’s Investment in Cambodia Surges, Deepening Ties but Raising Dependence Questions

ASEAN exports threatened by rising US tariffs and disrupted China-linked supply chains.
Photo taken on July 9, 2024 shows containers stacked up at the Phnom Penh Autonomous Port New Container Terminal on the Mekong River in Kandal province. (Photo by Suy SE / AFP)

China now accounts for nearly 80% of Cambodia’s total investment capital as of the first two months of 2025, underscoring Beijing’s deepening economic footprint.

Special Economic Zones SEZs have been crucial in attracting Chinese investors, reflecting a broader shift in Cambodia’s development strategy.

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