Cambodia says relations with China are at ‘best stage’ ever after agreeing US$259m loan to build road
Reuters / South China Morning Post | 20 July 2018
China has lent Cambodia US$259 million to build a new road in the capital Phnom Penh with Cambodia describing relations between the two countries as being at the “best stage” ever.
“The signing is another new, fruitful and comprehensive strategic partnership between the Kingdom of Cambodia and the People’s Republic of China,” the statement said.
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The new agreement comes as China and Cambodia celebrated the 60th anniversary of their diplomatic ties.