By Vun Phanith

Khmer Times-July 6, 2022

China’s involvement in ASEAN is not a coincidence but a politically and economically driven catalyst. The underlying causes of these growing phenomena are related to various factors. One reason was during the 1997 Asian financial crisis, when Beijing stepped in to offer its aid to the region, including promises to maintain economic growth, support IMF rescue efforts, and provide great support of $1 billion and other billion dollars in aid to Thailand and Indonesia. Read more at: https://www.khmertimeskh.com/501107321/chinas-attractiveness-and-support-in-southeast-asia/ First published in Khmer Times