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China's investment in Kampuchea last year was close to 1 billion dollars, far exceeding all other countries. At the same time, China also provided hundreds of millions of dollars in aid and billions of dollars in infrastructure loans to Kampuchea. More than 60% of Kampuchea shoes factory is Chinese all.
This may have a great impact on Kampuchea. About half of the export commodities of Kampuchea are exported to the European Union, and most of the export goods are clothing and footwear. More than five hundred thousand Kampuchea people are employed in these two industries.。
The motion said: "if Kampuchea's actions violate its obligations under the" all except weapons, "the tariff preferences that the country enjoys at present must be temporarily cancelled.
However, in view of the growth of China's economic strength, the Hong Sen administration in Kampuchea is dismissive of the threat of sanctions in western countries.
Hong Sen, Kampuchea's prime minister, inspects a factory in the capital of Phnom Penh
Hong Sen stressed his feelings for China in his speech on Friday (December 15th). He also expressed no fear of the freezing of assets of the European Union and the United States to his party, and claimed that he had no wealth outside Kampuchea.
The United States and the European Union are imports of the vast majority of Kampuchea's exports, worth billions of dollars.
The source network of this article is Sofa leather Simulation skin PU Feng y shoe finishing release
Links: acshoes
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