Source:
https://scmp.com/comment/insight-opinion/article/1728496/ground-understanding-key-success-chinese-investments-abroad
Comment/ Opinion

Ground-up understanding key to success of Chinese investments abroad

Yanfei Li says it can avert problems in development projects

Chinese companies are involved in several dam projects in Cambodia. Photo: AP

China recently experienced two setbacks in its energy infrastructure investment efforts in Asean countries. The first was the suspension of construction of a Chinese-backed hydropower dam project in Cambodia. The second was the cancellation of Chinese technical involvement in a Philippine power grid project. In addition, Thailand recently downgraded its collaboration with China on the construction of a high-speed rail network.

Chinese investment, especially in energy and connectivity infrastructure projects, has been pouring into member states of the Association of Southeast Asian Nations and elsewhere, but these project suspensions raise important questions.