Cambodia's Chinese casino city bets big on Beijing

3 days ago 7
Once a postulation  of sleepy sportfishing  villages, immense   Chinese investments person  transformed Cambodia's SihanoukvilleOnce a postulation of sleepy sportfishing villages, immense Chinese investments person transformed Cambodia's Sihanoukville. Photo: TANG CHHIN Sothy / AFP
Source: AFP

Once a postulation of sleepy sportfishing villages, immense Chinese investments person transformed Cambodia's Sihanoukville into a half-finished gambling edifice with signs everyplace successful Mandarin.

China is the largest capitalist and trading spouse successful Cambodia, overmuch of it directed towards the Gulf of Thailand port, a cardinal strategical determination successful the Belt and Road Initiative (BRI) championed by person Xi Jinping, who arrives successful the state Thursday.

While welcomed by section authorities officials, China's immense investments are viewed warily by critics who pass that they heap unserviceable debts connected their hosts and permission the metropolis highly babelike connected Beijing.

"Sihanoukville changes year-on-year," said Xiaofan, a Chinese tourer visiting friends who started businesses.

"This twelvemonth I came backmost and it was wholly a Chinese city. There are truthful galore Chinese people."

Gambling is mostly amerciable successful mainland China, and Sihanoukville is 1 of the galore centres successful the surrounding country that person sprouted to gully Chinese visitors and sate their hunger.

China is the largest capitalist  and trading spouse  successful  Cambodia, overmuch  of it directed towards the Gulf of Thailand larboard  of SihanoukvilleChina is the largest capitalist and trading spouse successful Cambodia, overmuch of it directed towards the Gulf of Thailand larboard of Sihanoukville. Photo: TANG CHHIN Sothy / AFP
Source: AFP

And Phnom Penh is among Beijing's astir reliable supporters successful Asia -- China's authorities quality bureau Xinhua described Xi's sojourn arsenic a show of "iron-clad" friendship.

This period a Chinese-renovated naval basal was inaugurated adjacent that Phnom Penh insists volition not beryllium utilized "exclusively" by Beijing -- but wherever 2 Chinese warships person been docked since December 2023.

Cambodia actively courts concern from Beijing's state-owned enterprises, portion Phnom Penh regularly stymies efforts successful the determination Association of Southeast Asian Nations (ASEAN) grouping to enactment connected Beijing's island-building and territorial assertiveness successful the South China Sea.

'Make Sihanoukville large again'

According to the Preah Sihanouk provincial administration, the country boasts a GDP per capita of $4,000 -- astir treble the Cambodian mean -- driven mostly by a Chinese-run manufacturing hub.

Cambodia actively courts concern    from Beijing's state-owned enterprisesCambodia actively courts concern from Beijing's state-owned enterprises. Photo: TANG CHHIN Sothy / AFP
Source: AFP

The Sihanoukville Special Economic Zone is simply a awesome of the Cambodia-China relationship, says provincial vice-governor Long Dimanche, who was sanguine astir the imaginable of his metropolis becoming small much than a casino boomtown.

"For me, whatever," helium told AFP. "Look astatine Macau, look astatine Las Vegas."

He says Sihanoukville welcomed concern from anyone, connected a archetypal come, archetypal served basis.

"Cambodia is simply a tiny country. We don't person immoderate choice."

Cranes from Chinese operation firms plaything astir connected the coastline frantically gathering a luxury seafront buying resort, Peninsula Bay.

A task typical described the developer arsenic a "Chinese-Cambodian" institution and said it was designed to "make Sihanoukville large again".

But Chinese concern projects astir the satellite person had mixed outcomes, immoderate proving to beryllium achromatic elephants and others burdening their hosts with crushing debts.

Gambling is mostly  amerciable  successful  mainland China, and Sihanoukville is 1  of the galore  centres successful  the surrounding country  that person  sprouted to gully  Chinese visitorsGambling is mostly amerciable successful mainland China, and Sihanoukville is 1 of the galore centres successful the surrounding country that person sprouted to gully Chinese visitors. Photo: TANG CHHIN Sothy / AFP
Source: AFP

Ou Virak, president of Future Forum, a Cambodian think-tank, believes the larboard is becoming a "ghost city" afloat of bare buildings.

"Sihanoukville is simply a grounds of a broader existent property occupation successful China. They conscionable export that to us," helium said.

More than a 3rd of Cambodia's $11 cardinal successful overseas indebtedness is owed to China, according to the IMF.

A $2 cardinal expressway connecting Sihanoukville to the superior Phnom Penh was built with Chinese funds and opened successful 2022, but with minimum $15 toll fares the dual carriageway is mostly empty.

A Chinese-financed airdrome successful Siem Reap adjacent the Angkor Wat UNESCO-listed practice site, inaugurated successful 2023, is designed to grip 7 cardinal tourists annually -- implicit a cardinal much than visited the full state that year.

A 180-kilometre (110-mile) canal linking the Mekong River to the Gulf of Thailand is inactive awaiting funds from a Chinese-owned institution astir a twelvemonth aft groundbreaking.

"Some of the projects person been excessively mega, excessively quickly, and there's nary integrated request for them," said Ou Virak, calling immoderate of them stranded assets. But "economically, you can't contradict China".

'Heavily dependent'

Washington has said the Ream naval basal -- primitively built by the United States and present upgraded by China -- could beryllium leveraged by Beijing for strategical entree to the contested South China Sea, which it claims astir successful its entirety.

Beijing's strategical investments "underscore China's semipermanent involvement successful securing influence" successful the region, said Sophal Ear, subordinate prof astatine Arizona State University.

The luxury seafront Peninsula Bay buying  edifice   is 1  of galore  projects nether  operation  successful  SihanoukvilleThe luxury seafront Peninsula Bay buying edifice is 1 of galore projects nether operation successful Sihanoukville. Photo: TANG CHHIN Sothy / AFP
Source: AFP

But, helium said, with Cambodia's economy "heavily dependent" connected Chinese capital, concerns implicit indebtedness sustainability, economical overreliance, and sovereignty risks persist.

At the aforesaid time, the state has hosted immoderate of the scam centres -- galore of them targeting Chinese citizens -- that proliferated successful caller years earlier a caller crackdown.

Meat skewer seller Wang Guohua has nary specified worries.

The 58-year-old moved from the confederate Chinese state of Hunan to Sihanoukville with his woman 5 years agone and present barbecues snacks by the roadside each nighttime for bare Chinese tourists.

"We surely anticipation that the (Chinese-Cambodian) narration volition get adjacent stronger," helium said.

"For us, that would beryllium a bully thing."

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Source: AFP

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