Cambodia needs to recalibrate its relationships with the US and EU, or risk becoming overly reliant on China.
In Cambodia, the average loan size is now among the highest in the world, with around 2 million borrowers owing a record US$2.8 billion. It’s not a healthy situation, with experts warning of a bubble in the Southeast Asian nation of 16 million. Loan demands from Cambodia's banking industry had surged by 20.1 percent in 2018 said a central bank's annual report.
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Cambodia’s casino industry, once nothing more than a footnote in the global casino space, has grown significantly in the past year. There has been an increase of 53% in the number of licenses issued, leading to the country being viewed as the “New Land of Opportunity” by Casino Review Magazine (CR).https://bit.ly/2TzMrb5;
