According to Cambodian Prime Minister Hun Sen, it’s “dirty” and bloodstained money. For the United States, it’s simply a debt that Cambodia, a sovereign state, must pay. For years, Washington and Phnom Penh have clashed over a $278 million loan that Cambodia took in the early 1970s but which, after four decades of interest and […]
Tag: debt diplomacy
Posted inBeijing, Belt and Road, China
China’s quest for soft power
Posted inAT Finance, Bangladesh, Beijing, China, India, Middle East, Myanmar, Northeast Asia, Pakistan, South Asia, Thailand, World