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Laos finds itself in China's 'debt trap': Report
Updated : 3 years, 9 months ago IST
Vientiane [Laos], August 10 (ANI): Laos, a south-east Asian nation is at a high risk of default as the country has taken huge loans from China to build its large-scale infrastructure projects, giving new momentum to the 'debt trap' diplomacy.
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Laos-China railway opens as experts raise concerns over mounting debt
Updated : 4 years, 5 months ago IST
Vientiane [Laos], December 3 (ANI): Laos has opened a USD 6 bn Chinese-built railway on Friday, the biggest public works project in its history, which analysts warn could expose the poor south-east Asian country to financial risk or political coercion from Beijing, reported Financial Times.
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