Cambodia finds new target for real estate: China investors
Chinese businessmen mindful of their country's mounting debt problems are moving their cash abroad
Thu, Jan 11, 2018 - 5:50 AM
An aerial view of a Parisian themed development on Diamond Island in Phnom Penh. A building boom is becoming more noticeable, and its largest projects are often geared towards Chinese investors, who have recently taken interest in the nation's real estate market.
TO sell real estate in Cambodia, agents are brushing up on their Mandarin.
Across this traditionally low-rise Cambodian capital, a building boom is becoming more noticeable as it pushes higher into the sky, and its largest projects are often geared towards Chinese...