Phnom Penh (FN), July 20 - Cambodian People's Party spokesman Sok Eysan on Friday said that some western countries owed China more than Cambodia over 100 times, responding to an attack on Cambodian government owing abundant debt to China.

“Some foreign countries claimed that Cambodia is in a large debt to China leading to a loss of independence and sovereignty. In fact, Cambodia owes only $4 billion to China, which is less than 28% of its GNP and only $400 per capita if divided,” said Sok Eysan.

“One Western country owes China over $1,000,000 million; $ 40,000 for each person, which is more than Cambodia 100 times,” added the Ruling Party Spokesman.

Due to its large debt, they attempted to raise tax on imported goods, resulting in immediate reaction from countries around the world, including its allies that tended to cause global trade war.
=FRESH NEWS