Pulling the rug from under the Kingdom’s economy

For nearly two decades, the Kingdom's gross domestic product recorded exceptional performance, buoyed by foreign investment, grant and robust exports. But Covid-19 and the partial loss of EBA could put an end to the good times.

The economic chills following the outbreak of Covid-19 has sent a shiver down the spines of Southeast Asian economies.

The effect of China’s overarching influence in the region is so profound that countries like Malaysia, Hong Kong, Indonesia and Singapore have drawn up stimulus plans to protect their economies from wider effects of the virus.

Quoting British-American economist Linda Yueh who once said, “when China sneezes, the whole world catches a cold”, seems apt when summing up the current global economic predicament.

In full: https://www.phnompenhpost.com/special-reports/pulling-rug-under-kingdoms-economy

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