The US Treasury Department issued sanctions on Tuesday against a Chinese company developing a sprawling tourism zone in Cambodia. It is the latest sign that Washington’s increasingly heated competition with Beijing has now spread to Southeast Asia.
The Treasury Department accused Union Development Group (UDG) of “seizure and demolition of local Cambodians’ land” for the construction of Dara Sakor, a coastal resort area that is planned to include golf courses, casinos, luxury housing, an airport, and a port large enough for cruise ships.
In announcing the sanctions, the US cited reports that Dara Sakor could be converted to host Chinese military assets, which could “threaten regional stabilit
Sep 16, 2020