Tuesday, October 3, 2023

China’s New $6B Railway in Laos: Massive Debt Trap or Megaproject Success? |


A $6 billion Chinese-built railway in Laos is transforming a small town on the border of China, easing transportation and promising new products for export. The 262-mile rail line is a key part of China’s Belt and Road Initiative, aimed at upgrading trade and transport networks from Africa to the Pacific.

Yes, China now owns Laos. 



 

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