A high-speed railway connecting Laos to China is among Beijing’s most aggressive investment forays into Southeast Asia. The U.S. $6 billion project will stretch 409 km (254 miles) from the Lao-China border to the Lao capital, Vientiane.The railway – which will eventually run from Kunming in southwestern China through Laos, Thailand, and Malaysia to Singapore – is a key component of China’s signature global infrastructure plan, the ambitious Belt and Road Initiative.
China is now the top investor in Laos, and Chinese companies are pouring billions of dollars into Special Economic Zones, dams, mines, and rubber plantations. Beijing hopes the aid and investment will draw the landlocked Southeast Asian nation, a former French colony with close ties to its communist mentor state Vietnam, into Beijing’s orbit.
China is now the top investor in Laos, and Chinese companies are pouring billions of dollars into Special Economic Zones, dams, mines, and rubber plantations. Beijing hopes the aid and investment will draw the landlocked Southeast Asian nation, a former French colony with close ties to its communist mentor state Vietnam, into Beijing’s orbit.