The new Ream naval base is symbolic of the power struggle across Southeast Asia.
Deputy chief of staff of the Southern Theater Commander of the Chinese People's Liberation Army Gao Xiucheng salutes in front of an honor guard during the Cambodian-China"Golden Dragon" drill at a military police base in Kampong Chhnang province on May 16, 2024.
For China, this control serves a greater strategic purpose. In Cambodia, and in the regime of Hun Manet, it now has an “ironclad ally” beholden on its investment. Aroundof Cambodia’s $10 billion foreign debt is owed to China. And this gives President Xi Jinping, and his ruling-CCP, enormous clout. U.S. Defense Secretary Lloyd Austin listens as Cambodia's Prime Minister Hun Manet speaks during a meeting at the Peace Palace in Phnom Penh on June 4, 2024.with U.S. officials to join the Washington-backed Indo-Pacific Economic Framework . At the same time, the Manet government continues to court investment from China, which remains its top direct investor.
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