Vast project follows a similar $3.8bn project, raising concerns about Beijing’s dollar diplomacy in the region

A $1.2bn Chinese-built “luxury city” is being built in Cambodia, accelerating what critics concerned about Beijing’s influence in the south-east Asian country call the region’s “Chinafication”.

Chinese developer Tianjin Union Development Group (UDG) says Tourism Vacation Town will feature high-end hotels, offices and theme parks on 1,200 hectares of land in Cambodia’s southwestern Koh Kong province. Details are scant, but building work is expected to begin next year.

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Read More Welcome to ‘Tourism Vacation Town’: China to build .2bn holiday hotspot in Cambodia

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