Lao Officials Balk at China’s Loan Terms For Railway Project
Laos hopes a railway between Vietnam and Thailand and another connecting Thailand and China will help drive socio-economic development in the impoverished country. Lao government officials have expressed concern about the interest rate on a U.S. $500 million loan from China to build a multibillion-dollar, high-speed railway through the Southeast Asian nation, and have asked […]
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