Si Jin-pching visited Phnom Penh, where he was welcomed by King Norodom Sihamoni. Cambodia is the last stop of his Asian tour.
Chinese President Si Jin-Pching arrived on Thursday to visit the Cambodian capital Phnom Penh. At the airport, King Cambodia Sihamoni welcomed him with military honors. TASR reports on the basis of AFP report.
Cambodia is the last stop of the Chinese President’s tour after three countries of Southeast Asia, where he also visited Vietnam and Malaysia.
Strengthening business relationships
Beijing is trying to strengthen regional business ties and also balance the impact of extensive duties introduced by the White House boss. Although Donald Trump suspended some duties, China was an exception. For the second largest world economy, he left 145 % duties in force.
Will visit the royal palace on Thursday afternoon and later meet the former Cambodian leader Hun Sen and his son, Prime Minister Hun Manet, AFP says, withdrawn the official documents she looked into.
China as a key player
China is not only the largest business partner and the source of Cambodia’s investment, but also its largest foreign creditor. Cambodia has borrowed almost a third out of 11 billion of its foreign debt from China, said the International Monetary Fund.
China has played a “key role” in the socio -economic development of Cambodia, said Cambodian Prime Minister Hun Manet, according to which the visit of the Chinese President is an example of a “unshakable” friendship.
This year, Cambodia and China celebrate the 67th anniversary of the establishment of mutual diplomatic relations. This year, Cambodia also commemorates the 50th anniversary of the conquest of Phnom Penho with units of red cm.
