Communist Party chief To Lam’s project of institutional renovations stops short of the highest echelons of power.

Since taking office in 2023, Prime Minister Hun Manet has consistently trod the path laid out by his father – with one notable exception.

Colloquially known as “friendshoring,” the policy is a way to hedge major industries like technology against big supply shocks, while reducing dependence on China and boxing out Beijing in the global ...