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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.
BUSINESS & ECONOMICS / Government & Business. --- Investments, Chinese --- Business enterprises --- Chinese --- History. --- Economic conditions. --- Ethnology --- Business organizations --- Businesses --- Companies --- Enterprises --- Firms --- Organizations, Business --- Business --- Chinese investments --- Investments, Chinese. --- Business enterprises. --- Cambodia --- French Indochina --- Cambodge --- Khmer Republic --- Cam Bot --- Cambotja --- République khmère --- Kambodscha --- Kamboja --- Kambodža --- Tchin-la --- Chien-pʻu-chai --- Democratic Kampuchea --- Kambujā --- Democratic Cambodia --- Camboja --- Preah Reach Ana Chak Kampuchea --- Kâmpŭchéa Prâchéathĭpâteyy --- Kampuchea démocratique --- République du Cambodge --- Campuchia --- Kampuchea (Coalition Government, 1983- ) --- Kampuchea --- Kampuchii︠a︡ --- Kamphūchā --- Kingdom of Cambodia --- Preăhréachéanachâkr Kâmpŭchéa --- Cambogia --- Roat Kampuchea --- State of Cambodia --- Cambodja --- Royal Government of Cambodia --- Braḥrājāṇacakr Kambujā --- Rājraṭṭhabhipāl Kambujā
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Cambodia has made significant progress towards the Sustainable Development Goals (SDGs) due to years of impressive economic growth and reforms. Income growth has outpaced peers, poverty has declined, and the economy has begun to gradually diversify. At the same time, elevated financial sector vulnerabilities, development spending needs, and governance weaknesses pose challenges for further advancing sustainable growth and development.
Cambodia --- Cambodge --- Khmer Republic --- Cam Bot --- Cambotja --- République khmère --- Kambodscha --- Kamboja --- Kambodža --- Tchin-la --- Chien-pʻu-chai --- Democratic Kampuchea --- Kambujā --- Democratic Cambodia --- Camboja --- Preah Reach Ana Chak Kampuchea --- Kâmpŭchéa Prâchéathĭpâteyy --- Kampuchea démocratique --- République du Cambodge --- Campuchia --- Kampuchea (Coalition Government, 1983- ) --- Kampuchea --- Kampuchii︠a︡ --- Kamphūchā --- Kingdom of Cambodia --- Preăhréachéanachâkr Kâmpŭchéa --- Cambogia --- Roat Kampuchea --- State of Cambodia --- Cambodja --- Royal Government of Cambodia --- French Indochina --- Economic policy. --- Braḥrājāṇacakr Kambujā --- Rājraṭṭhabhipāl Kambujā --- Exports and Imports --- Finance: General --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Debt --- Debt Management --- Sovereign Debt --- Taxation, Subsidies, and Revenue: General --- International Lending and Debt Problems --- Fiscal Policy --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- International economics --- Finance --- Monetary economics --- Public debt --- Revenue administration --- External debt --- Credit --- Fiscal policy --- Money --- Debts, Public --- Revenue --- Debts, External --- Financial risk management
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This 2017 Article IV Consultation highlights 6.9 percent expected growth in Cambodia’s economy in 2017, with moderating private investment offset by higher public spending and robust construction and tourism activities. Headline inflation rose to 3 percent in 2016 and 3.5 in the first half of 2017, driven mainly by higher food and energy prices. Overall credit growth has slowed, owing in part to policy measures. Real estate sector–related bank credit growth, however, remains strong, supported by demand for housing from Cambodia’s young and growing middle-income population. Real GDP growth is projected to remain robust over the next few years.
Cambodia. --- Cambodge --- Khmer Republic --- Cam Bot --- Cambotja --- République khmère --- Kambodscha --- Kamboja --- Kambodža --- Tchin-la --- Chien-pʻu-chai --- Democratic Kampuchea --- Kambujā --- Democratic Cambodia --- Camboja --- Preah Reach Ana Chak Kampuchea --- Kâmpŭchéa Prâchéathĭpâteyy --- Kampuchea démocratique --- République du Cambodge --- Campuchia --- Kampuchea (Coalition Government, 1983- ) --- Kampuchea --- Kampuchii︠a︡ --- Kamphūchā --- Kingdom of Cambodia --- Preăhréachéanachâkr Kâmpŭchéa --- Cambogia --- Roat Kampuchea --- State of Cambodia --- Cambodja --- Royal Government of Cambodia --- French Indochina --- Braḥrājāṇacakr Kambujā --- Rājraṭṭhabhipāl Kambujā --- Banks and Banking --- Exports and Imports --- Finance: General --- Money and Monetary Policy --- Public Finance --- Macroeconomics --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Debt --- Debt Management --- Sovereign Debt --- International Lending and Debt Problems --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- Banking --- International economics --- Monetary economics --- Finance --- Public debt --- Public investment and public-private partnerships (PPP) --- Credit --- Bank deposits --- Expenditure --- Money --- Financial sector development --- Financial markets --- Banks and banking --- Debts, Public --- Debts, External --- Public-private sector cooperation --- Financial services industry --- Cambodia
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