Category: Laos
Chinese tech firms tap opportunities on back of landmark China-Laos rail project
With the official opening of China-Laos Railway, a landmark, high quality project under the Belt and Road Initiative (BRI), Chinese tech firms are tapping into digital cooperation opportunities between the two countries made possible by the mega infrastructure achievement that are increasing the Southeast Asian country’s ability to attract investment, create new jobs and accelerate economic growth.
Opportunities for U.S. Development Cooperation in Laos
Although Laos is a communist state, in the past two decades, successive governments have sought to open the economy to foreign trade and investment. Yet the United States has not historically had strong economic or diplomatic ties with Laos.
Laos-China railway delivers hope, new development opportunities – An opinion by Vientiane Times
The official inauguration of the Laos-China railway took place on December 3. This historic event is not only a milestone in Laos’ efforts to shake off the shackles of its landlocked status by becoming a land bridge within the region but will create a lot of development opportunities and enable Laos, one of the least developed countries in the region, to thrive in coming decades.
Natural resource concerns regarding crypto in Laos
Analysts worry about the country’s blurry framework governing crypto trading and the impact of mining on Laos’ natural resources.
Laos-China railway opens. Who is going to benefit?
Railways built with BRI financing, including in Kenya and Ethiopia, have struggled to repay Chinese loans. Beijing has started offering lower-cost loans and forgiving some following complaints about debt loads for poor countries.