Posted inAT Finance, Beijing, China, France, Hong Kong, Laos, South Asia, Thailand, World

Laos on a fast track to a China debt trap

Laos is one of eight global countries considered of “particular concern” for a future debt crisis, according to a recent report by the Center for Global Development (CGD), a Washington-based economic think tank. The main cause of concern is the small poor country’s big rich plans for a US$6.7 billion high-speed railway that China is […]