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© 2021 AFPLaos opens Chinese-built railway line
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© 2021 AFP
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GdTokyo
And when Laos cannot pay the loans, China will decide to award itself port and mineral rights as it did in Sri Lanka.
Zaphod
....and another country joins the CCP debt trap. Will they never learn?
cla68
Laos is a communist country so this is understandable. Hopefully Cambodia and Malaysia have better sense.
bass4funk
Interesting, China takes credit for copying and selling Japanese technology.
bass4funk
Screwing other nations.
No, we had Obama that was focused for 8 years to pass Obamacare, radically and heavily expand the government welfare State and Biden is doing the same, there is nothing that they have done for the overall betterment of the nation except grow the government to hand out more entitlements.
Like give up all of their natural resources and in return, they get nothing but screwed.
Strangerland
How does providing billions of dollars in aid to other nations screw them?
bass4funk
Ok and the correlation is what? The Chinese think if Laos defaults on this train that they can run in and take all of their natural resources in exchange?