Cambodia raids buildings linked to Chen Zhi, Chinese billionaire accused of scam empire

Cambodian authorities have raided two buildings in Phnom Penh’s Prince Plaza Centre, which is linked to extradited Chinese billionaire Chen Zhi, and detained 104 individuals, including 82 Chinese nationals, local media reported. The move comes as governments around the world have intensified their crackdown on an alleged multibillion-dollar online scam empire since Chen’s arrest. Thai military showcases gutted town-sized scam complex on Cambodian border The raid, a joint operation by Phnom Penh police, the country’s Commission for Combating Technology-Based Scams (CCTC), local government and representatives from the prosecutor’s office, took…

How China’s Housing Crisis Has Global Consequences

new video loaded: How China’s Housing Crisis Has Global Consequences <img src="https://www.chinastrategy.org/wp-content/uploads/2026/05/how-chinas-housing-crisis-has-global-consequences.png" data-testid="betamax-poster" sizes="(width Our Beijing bureau chief, Keith Bradsher, describes how China’s enormous housing crash is affecting economies all over the world. By Keith Bradsher, Rebecca Suner, Thomas Vollkommer, Joey Sendaydiego and Luke Piotrowski May 21, 2026 NYT