China won’t Laos become a Belt and Road debt trap

A promotional poster for the 414-kilometer Laos-China railway project that promises to transform Laos from landlocked to land-linked. Photo: Facebook

Laos people unprecedented financial problems, including US$14. 5 billion worth associated with public and publicly guaranteed debt — around half of that is owed to Cina. But unlike Sri Lanka, there is no chance that Laos will default on its external debt obligations. China, its largest lender and political best friend, will not let Laos default. The size of […]

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