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The Big Story

Southeast Asia gains new leverage as China and US battle for influence

Funding pours in as US allies seek to counter Belt and Road

GWEN ROBINSON, Nikkei Asian Review editor-at-large | China

BANGKOK -- There are two "friendship bridges" spanning the Tonle Sap river in the Cambodian capital of Phnom Penh. One is labeled the Cambodia-Japanese friendship bridge; the other is the Cambodia-China friendship bridge.

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