The conflict between Thailand and Cambodia has evolved into a major strategic game concerning regional stability. Recently, China dispatched special envoys to mediate between the two countries, and the situation seems to have taken a turn — both Thailand and Cambodia have adopted a more conciliatory attitude and agreed to participate in the ASEAN Foreign Ministers' Meeting. In contrast, Trump's two mediation efforts failed to produce results. Can China resolve the long-standing deadlock this time?



**The Truth Behind the Conflict: Cyber Fraud Is the Real Trigger**

On the surface, it appears to be a border military standoff, but at its core, it is a contest over the cyber fraud industry. The Thai military's primary target is the casinos and cyber fraud parks along the Cambodian border. However, Cambodia has always insisted that these are legitimate businesses and that there is no such thing as a scam industry.

This uncompromising stance has led to escalating hostilities. Thailand feels its efforts are not enough and continues to escalate military actions. Back and forth, the flames of war keep burning, with no signs of stopping.

Why is China's intervention particularly impactful? The reason is simple — the cyber fraud industries in northern Myanmar and Myawaddy were dismantled under Chinese leadership, a result of China-Myanmar-Thailand cooperation. This mediation will likely focus heavily on eradicating cyber fraud.

**Three Key Ways to Break the Deadlock**

First, war alone can never solve the cyber fraud problem. The Thai Air Force's F-16s have a maximum bombing range of only 70 kilometers; going further risks being shot down. Moreover, it is impossible for Thailand's military to sweep across all of Cambodia — that’s simply unrealistic. Major cities like Phnom Penh and Sihanoukville still harbor numerous casinos and scam gangs.

What is the real solution? Negotiation. Under Chinese leadership, Thailand and Cambodia have reached an agreement: Cambodia will take matters into its own hands to eliminate the cyber fraud tumors, exchanging the eradication of black industry for peace.

For Cambodia, the cyber scam industry is inherently unsustainable, and transformation is inevitable. The cost of war is even higher — over 400,000 Cambodian homes have been destroyed, turning many into refugees. Thailand has also sealed border crossings and maritime routes. As an economy heavily dependent on foreign trade, Cambodia is currently in a very difficult situation.

Hong Manan has repeatedly sought help from the United States, but after a phone call with Trump, there has been no follow-up. Other countries around the world remain neutral. Cambodia now finds itself isolated and helpless. Accepting Chinese mediation, cracking down on cyber fraud, and exchanging for a ceasefire is Cambodia’s most realistic choice.

Second, Cambodia must show sincerity by handing over the behind-the-scenes "big fish" involved in cyber fraud. Myanmar and Thailand have already done this — the Kokang United Army in northern Myanmar captured the four major cyber fraud families, including Bai Suocheng, and extradited them to China. Thailand handed over the boss of the Myawaddy cyber fraud operation, She Zhi Jiang, to China.

What about Cambodia? Prince Group’s Chen Zhi, Senator Fu Guo'an, and Li Yongfa — these cyber fraud leaders wanted by Thailand are still at large. Cambodia can follow suit, handing over these behind-the-scenes figures and using sincerity to expand China-Cambodia trade cooperation.

Third, a ceasefire between Thailand and Cambodia would also greatly benefit Chinese investments in both countries. The China-Thailand high-speed railway is of great significance for trade and outbound shipping in southwestern China. Cambodia is even more remarkable — half of its foreign investment comes from China. From airports and highways to garment factories, these industries are closely linked to Chinese interests.

Cambodia can fully emulate Myanmar’s model: eliminate black industry, restore peace, focus on embracing China, and develop its economy. Those "De Chong Funan Canal"
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NftMetaversePaintervip
· 12-20 15:52
actually the real blockchain primitive here isn't the geopolitical settlement... it's the algorithmic redistribution of illicit capital flows. think about it—you've got these hash value networks operating in the shadows, and what china's really doing is implementing a decentralized enforcement mechanism through traditional diplomacy. fascinating topological problem tbh
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GateUser-a5fa8bd0vip
· 12-20 15:46
Basically, it's a tug-of-war between the scam groups and the government. Trump's approach doesn't work here. The Chinese side's recent moves do have some combat experience behind them, especially with the situation in northern Myanmar. Cambodia is really in a tough spot now; over 400,000 refugees is a pretty harsh number. How come these scam leaders are still living well? Is the Prince Group really that powerful? The key is that someone has to take real action; otherwise, all the talk is just pointless.
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