Laos opens railway to China as debt to Beijing rises
By The Rising Nepal
04 Dec, 2021
After a blessing by Buddhist monks, Lao Prime Minister Phankham Viphavanh on Friday rode the first run of a $5.9 billion Chinese-built railway that links isolated, mountainous Laos with southern China in an effort to increase trade.
Both governments tout the 1,035-kilometer (642-mile) line from the Lao capital, Vientiane to Kunming in China’s poor southwest as a boost to economic growth. But it leaves a debt that foreign experts warn Laos, a country of 7 million people wedged between China, Vietnam...