Xi ends SE Asia trip, projects China as source of stability

China's leader Xi Jinping urged Cambodia to “resist protectionism,” as he arrived in Phnom Penh on Thursday as US tariffs threatened the economies of both countries.

The visit, Xi’s first since 2016, concludes a three-nation tour that included stops in Vietnam and Malaysia. China has been increasing its influence in the region over the past decade, largely by exercising its substantial economic leverage.

Cambodian PM Hun Manet described Beijing as “an important and indispensable friend of Cambodia that has helped support the country's economic and social development.”

Trade was likely a major topic of Xi’s discussions in Cambodia, which faces among the highest tariff rates proposed by Washington. The country faces the threat of a 49% tax on exports to the US once his 90-day pause expires.

In Vietnam and Malaysia, Xi emphasised strengthening ties, particularly in trade and investment He underscored the need to oppose unilateralism and protectionism and uphold the multilateral trading system. China is presenting itself as a source of stability in the region to counter US-brewed anxiety.