Core Viewpoint - Cambodia is set to become one of the first countries to store gold in China, with plans to keep part of its reserves in a vault located in Shenzhen's free trade zone, amidst global geopolitical tensions and economic uncertainties [1] Group 1: Cambodia's Gold Reserves - The National Bank of Cambodia holds approximately 54 tons of gold, which constitutes about 25% of its foreign exchange reserves [1] - Many central banks globally are increasing their gold purchases as a hedge against risks such as geopolitical instability, inflation, and economic recession [1] Group 2: Political Dynamics - During the tenures of former Prime Minister Hun Sen and current Prime Minister Hun Manet, Cambodia has attempted to balance relations between the US and China, with Hun Manet being educated in the West and showing a preference for Western ideals [3] - The Cambodian government has faced challenges in gaining favor with the US, including a significant tariff increase on Cambodian imports and sanctions related to corruption allegations against influential figures connected to the ruling family [5] Group 3: Strategic Shift - The transfer of gold reserves to China represents not only an adjustment of Cambodia's foreign exchange reserves but also a strategic alignment with China, which offers security, financial infrastructure, and political commitments without attaching conditions [9] - The Cambodian leadership's decision to store gold in China follows a previous experience of sanctions from the US that severely impacted its foreign exchange reserves and currency stability [9]
被没收150亿美元,在美国翻大跟头后,洪森父子又转向中国
Sou Hu Cai Jing·2025-11-12 03:42