Hun Sen Encourages Cambodians to Emulate Chinese-Style Wealth

[beijingwalker]

Hun Sen Encourages Cambodians to Emulate Chinese-Style Wealth
By Phorn Bopha - December 30, 2012

Prime Minister Hun Sen encouraged Cambodians to strive for Chinese-style millionaire status as he inaugurated a sugar refinery located inside two controversial plantations belonging to CPP Senator Ly Yong Phat and his wife in Kompong Speu province.

“I have one clear policy in strengthening the capacity of local investors, and that is making Cambodians become rich,” Mr. Hun Sen said in a speech at the inauguration on Thursday.

“Let’s invest in small and big firms. Let’s make Cambodians become millionaires. Only in Cambodia are there no millionaires. In China there are many millionaires, so don’t think that a communist country has no millionaires,” the prime minister continued, adding that foreign investors should feel they have equal access to entering the market when competing with local enterprises.

Mr. Hun Sen said that promoting a wealthy class was the best way to help the poor.

“Make the bosses rich in Cambodia,” he said. “Because when there are problems-for example when people need help with flooding—our local investors contribute a huge amount of money.”

“If a country has no millionaires, where can the poor get their money from?” he asked, adding that he would like to see 500 millionaires doing business in the country.

 

[Viet]

Hun Sen? Isn´t he a Vietnamese puppet?
We installed him after overthrowing the Red Khmer regime. hope he still knows which country he owns.

 

[beijingwalker]

Hun Sen? Isn´t he a Vietnamese puppet?
We installed him after overthrowing the Red Khmer regime. hope he still knows which country he owns.

he has switched his allegiance to China,just like you did after China helped you in war against US.no w he is a solid ally of China.

 

[Reashot Xigwin]

Is he talking about making Cambodia into another State Capitalist country like China?
State capitalism - Wikipedia, the free encyclopedia

Hun Sen? Isn´t he a Vietnamese puppet?
We installed him after overthrowing the Red Khmer regime. hope he still knows which country he owns.

What the hell is wrong with you? No wonder Cambodia backstabbed Vietnam during the last ASEAN meeting if they get treated like a puppet.

 

[Viva_Viet]

Is he talking about making Cambodia into another State Capitalist country like China?
State capitalism - Wikipedia, the free encyclopedia



What the hell is wrong with you? No wonder Cambodia backstabbed Vietnam during the last ASEAN meeting if they get treated like a puppet.

He's not living in VN but German now, so people shouldn't take his words seriously

Cambodia didn't backstab Vietnam during the last ASEAN meeting , we still control the largest and the most important part in SCS(east sea). It's good for Cambodia to drain more money from China just by few hollow words like that.

 

[Reashot Xigwin]

He's not living in VN but German now, so people shouldn't take his words seriously

Cambodia didn't backstab Vietnam during the last ASEAN meeting , we still control the largest and the most important part in SCS(east sea). It's good for Cambodia to drain more money from China just by few hollow words like that.

Just an expression. It's not called "draining money" when you invest in something. If you give money to Haiti that's called wasting money.

What I'm interested about is what PM Hun Sen is talking about emulating Chinese wealth. Is it talking about turning the country economic policy to mirror China State Capitalism or what?

 

[beijingwalker]

Hun Sen is very smart cause he knows that Vietnam is a lost cause without its former master USSR and China is everything they can rely on for Cambodia future.

 

[Viva_Viet]

Just an expression. It's not called "draining money" when you invest in something. If you give money to Haiti that's called wasting money.

What I'm interested about is what PM Hun Sen is talking about emulating Chinese wealth. Is it talking about turning the country economic policy to mirror China State Capitalism or what?

Ah, sorry, I just mean:

The use of the word 'drain', suggests that the project is a 'money sink'. That people can 'sink' money into the project, and that they will never get a return. drain money from people | Antimoon Forum