Now a little bit about threats from Chinese investors.
Gregory McCann keeps writing:
‘The sleepy town and all who love it are in for a rude awakening, [unfortunately] Chinese-style. Four different sources have confirmed to me that 8,000 Chinese businessmen are currently scouring every inch of Kampot, buying up any and all real estate that’s for sale and even some that’s not.
China long ago overtook Japan as Cambodia’s biggest foreign investor, pouring in almost US$5 billion to the poverty-stricken country between 2011 and 2015. Cambodia has reciprocated by becoming China’s most ardent ally in the Association of Southeast Asian Nations, backing Beijing particularly on its continuing takeover of islets in the South China Sea. As the country’s leader, Hun Sen, has grown more dictatorial, earning criticism of western nations, he has had China’s steadfast backing. Cambodia is becoming China’s playground.’
Sad and scary, don’t you think?
Before the Chinese take over Kampot, maybe we can enjoy this place for a few years to come?
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