Cambodia's Hun Sen quashes Chinese 'debt trap' fears

Political and business luminaries discuss Asia's future at Nikkei forum

20190530

From left: Malaysia's Mahathir Mohamad, Bangladesh's Sheikh Hasina and Cambodia's Hun Sen speak at Nikkei's Future of Asia conference on May 30.

WATARU SUZUKI and CLIFF VENZON, Nikkei staff writers

TOKYO -- Cambodian Prime Minister Hun Sen on Thursday dismissed fears that his country is at risk of falling into a Chinese "debt trap" and said massive financial support from Beijing is not compromising Phnom Penh's independence.

Hun Sen was speaking at the annual Future of Asia conference hosted by Nikkei in Tokyo. Malaysian Prime Minister Mahathir Mohamad was also among the dignitaries who spoke on the first day of the two-day event, where China's role in regional development and its tensions with the U.S. were overriding themes.

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