Why America is Worried About China’s New Canal in Cambodia
21WIRE
Cambodia is building a new canal projected which is designed to bypass Vietnam’s crucially important Mekong Delta, with China underwriting the construction. Not far from the new canal’s exit point lies a key Chinese naval base. Both Vietnam and America extremely worried about the geostrategic implications of this new development.
By breaking of ground on the Funan Techo Canal project, Cambodia hopes to transform the country’s economic fortunes by addressing a key economic vulnerability, and reduce Cambodia’s shipping reliance on its neighbour Vietnam. Cambodia’s government estimates the strategic infrastructure project will cost roughly $2 billion, nearly 4% of Cambodia’s annual GDP. However, part of China’s financial contribution still remains in doubt, and this region will also soon become an area of focus for the United State. .
The Caspian Report provides more insight into this incredible story.
_________
READ MORE CHINA NEWS AT: 21st Century Wire China Files
_________
(TLB) PUBLISHED THIS REPORT FROM 21WIRE
VISIT THEIR TELEGRAM CHANNEL
SUPPORT 21WIRE’S INDEPENDENT MEDIA PLATFORM – BECOME A MEMBER @21WIRE.TV
Header featured image (edited) credit: Org. post content. Emphasis added by (TLB)
••••
••••
Stay tuned tuned…
••••
The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)
••••
Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.
••••
Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.
••••
Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.
Trade is good everybody. I suspect that the only people who object to the Funan Techo Canal are non-productive politicians.