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Despite some local risks, Chinese investors exploit opportunities presented by the initiative, Xu Wei reports from Phnom Penh.

Despite competition, the two economies are remarkably complementary to each other and their relationship has been seen as a story of mutual benefit.

Deputy chairman of the board and rotating CEO Eric Xu said the billion will be used primarily for legacy code refactoring and training or up-skilling research and development engineers.

Deng made the comments on the sidelines of a tech summit organized by media outlet ifeng.com.

Despite the backdrop of recent falling global investment from China and the on-going uncertainty over what Britain's departure from the EU might bring about, Bevan noted that the UK remains an attractive destination for Chinese investors, with Chinese investment here increasing to 88.4 billion pounds during 2017.