Cambodian central bank voices concerns over possible Chinese spillovers
Central bank fears a sharp drop in property market could trigger financial system risks
Uncertainty over the US-China trade tensions and a potential economic slowdown in China could threaten Cambodia’s financial stability, the South-east Asian country’s central bank warns in a new report.
Exports, revenue from tourism and foreign direct investment (FDI) are all at risk if there is a sharp slowdown in China, the National Bank of Cambodia says, adding that about 40% of total FDI inflows and more than one-third of tourists are from China.
“While exports have been increasingly
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