The U.S. Treasury Department on Sept. 15 sanctioned a Chinese state-controlled firm for seizing land from Cambodians for projects aimed at advancing Beijing’s geopolitical ambitions.
Union Development Group Co., or UDG, is constructing a $3.8 billion resort called Dara Sakor, a state-backed investment zone spanning 90,000 acres and would cover around 20 percent of the country’s coastline.
