A $6 billion Chinese-built railway in Laos is transforming a small town on the border of China, easing transportation and promising new products for export. The 262-mile rail line is a key part of China’s Belt and Road Initiative, aimed at upgrading trade and transport networks from Africa to the Pacific. China is looking to link its companies with new overseas markets while Laos has hopes of growing a robust export market. But what are the costs of developing this massive infrastructure? WSJ explores the ambition behind China’s envisioned rail network, the economic implications for Laos and challenges as other railways eye development.
China’s New $6B Railway in Laos: Massive Debt Trap or Megaproject Success?
Đăng bởi Đào Thu Hằng
I'm from Hanoi, Viet Nam. I'm an author of Dot Chuoi Non (dotchuoinon.com/author/hangbelu/), a blog on Positive thinking, founded by Dr. Tran Dinh Hoanh, an attorney in Washington DC. I'm a co-founder of Conversations on Vietnam Development - cvdvn.net, a virtual think tank. I am a co-founder of two companies in Viet Nam working on children education services. I advise companies on STEAM education, English language education for children and students in Vietnam. I'm studying the Buddha's teaching and the teaching of Jesus. I practice mindful living including meditation. I hold a PhD on Sustainable Energy Systems from University of Lisbon and Aalto University. I graduated from Hanoi University of Technology on Environmental Engineering. I obtained a Master degree of the same major from Stanford University and Nanyang Technological University. My English-language blog at: hangbelu.wordpress/. I play table tennis as a hobby. Xem tất cả bài viết bởi Đào Thu Hằng
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