Cambodia’s GDP to fall 0.3 percent in 2020: Moody’s

Cambodia’s GDP growth is projected to drop 0.3 percent due to the impact of the COVID-19 pandemic and economic slowdowns in China, the EU and the US, Moody’s Investors Service has said.

According to Moody’s Vice President and Senior Analyst Anushka Shah, Cambodia is particularly exposed to a slowdown in China given their extensive economic linkages.

China represented 43 percent of foreign direct investment in Cambodia while Chinese tourists accounted for 36 percent of arrivals to the Southeast Asian nation in 2019, he said.

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