China’s healthier growth gives positive sign for Cambodian economy: academic

Phnom Penh – China’s rosier growth in the first quarter (Q1) of this year has given a positive sign for Cambodia’s economic growth, a Cambodian academic said on Saturday.

China’s economy grew faster than expected in the Q1 of 2019, according to the National Bureau of Statistics on Wednesday. The world’s largest developing economy achieved a 6.4 percent growth in the Q1 of this year.

Joseph Matthews, a senior professor at the Beltei International University in Phnom Penh, said there had been a lot of speculations and concerns among Cambodian economists and experts that China’s economy slowdown would adversely affect the Cambodian economy, as China had been the biggest donors and investors in the country.

In full: http://www.xinhuanet.com/english/2019-04/20/c_137993468.htm

© 2019, The Cambodia Daily. All rights reserved No part of this article may be reproduced in print, electronically, broadcast, rewritten or redistributed without written permission.