‘Game changer’: Laos opens Chinese-built railway line | Malay Mail

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BANGKOK, Dec 3 — Laos is set to open a US$6 billion (RM25.4 billion) Chinese-built railway on Friday, with debt concerns balanced against hopes it could boost the reclusive nation’s struggling economy. The 414-kilometre (260-mile) route took five years to construct under China’s...

BANGKOK, Dec 3 — Laos is set to open a US$6 billion Chinese-built railway on Friday, with debt concerns balanced against hopes it could boost the reclusive nation’s struggling economy.

But Chinese foreign ministry spokesman Wang Wenbin said Wednesday the “flagship project” would give a “boost to Laos’ strategy to convert itself from a landlocked country to a land-linked hub”. The communist-run country of 7.2 million people previously had only four kilometres of railway tracks. Hopes for a 2021 rebound were dashed when the country locked down as it registered more than 76,000 infections in the past eight months.

“I don’t look at it as China trying to bankrupt Laos... it’s not a Trojan Horse strategy. I think it’s going to be a win-win situation,” he said.

 

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