Heng Sen never expected that China's countermeasures would come so quickly! Recently, China directly gave Cambodia a cold shower by halting new preferential loans to Cambodia.

In simple terms, stopping the loans does not mean cutting off diplomatic relations with Cambodia. It is clear that China wants to teach Cambodia a lesson. By the end of November 2025, Cambodia's outstanding foreign debt has reached 13.7 billion USD, with 41% coming from China.

To be honest, the reasons for this situation are twofold. On one hand, Cambodia's recent increased interactions with Western countries have undoubtedly made China feel a sense of crisis. After all, no one wants their surroundings to be filled with countries that are close to "your opponent."

On the other hand, the risk of online fraud in Cambodia has been rising in recent years, significantly affecting Chinese citizens. However, Cambodia has insufficient effectiveness in managing online fraud risks, and naturally, China is unwilling to let more citizens suffer from online fraud harm.

In fact, China's decision to halt new preferential loans to Cambodia is intended to pave the way for cooperation in areas such as agriculture and technology, rather than being limited to a single funding loan collaboration.

Ultimately, it is hoped that Cambodia can seriously consider its position and address its domestic online fraud issues, achieving more multi-faceted cooperation with China rather than being limited to financial aspects.