Debt Diplomacy

Conflicts - Tensions
IPDForumJanuary 6, 2025
0 200

PRC funding in doubt for Cambodian canal, other promised projects

FORUM Staff Cambodian Deputy Prime Minister Sun Chanthol said in May 2024 that a People’s Republic of China (PRC)-owned company would “totally” fund the Funan Techo canal. Phnom Penh touted the project linking the Mekong River to the Gulf of Thailand as an economic game changer. By August, Cambodian leader Hun Manet said at the project’s groundbreaking that the PRC…
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Conflicts - Tensions
IPDForumMay 18, 2024
0 1,114

Maldives warned over looming Chinese debt

Agence France-Press The International Monetary Fund (IMF) has warned the Maldives over looming “debt distress” as the Indian Ocean nation looks to borrow more from the People’s Republic of China (PRC). Since winning office in 2023, President Mohamed Muizzu has reoriented the atoll nation — known for its beach resorts and celebrity vacationers — away from traditional benefactor India and…
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Indo-Pacific Defense FORUM is a professional military magazine published quarterly by the commander of the U.S. Indo-Pacific Command to provide an international forum for military personnel of the Indo-Pacific area. The opinions expressed in this magazine do not necessarily represent the policies or points of view of this command or any other agency of the U.S. government. All articles are written by FORUM staff unless otherwise noted. The secretary of defense has determined that the publication of this magazine is necessary for conducting public business as required by the Department of Defense.