Prime Minister Hun Sen dismissed on Thursday fears that Cambodia was falling int...
PHNOM PENH - Prime Minister Hun Sen dismissed on Thursday fears that Cambodia was falling into a Chinese “debt trap”, saying its loans are low interest, low risk and were not a threat to national independence.
Speaking at a Future of Asia conference in Japan, Hun Sen said China respected Cambodia’s sovereignty when it came to using Chinese loans.“For Cambodia, we maintain our sovereignty in borrowing, we borrowed according to the projects we need, and China respects our decision.
Cambodia has for years come under criticism for human rights violations and other problems but Western countries hoping to see improvements have little leverage when China can be counted on to help in the event of Western aid cuts.
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