onsdag 17. november 2021

Belt and Road starts and stops in China’s backyard

Laos will never be the same again on December 2, the day the first high-speed train on the Belt and Road Initiative-built railroad is scheduled to roll into the capital Vientiane arriving from the southern Chinese province of Yunnan. Running for 414 kilometers from the border with China, the new line will transform Laos from a land-locked to land-linked country, as the Chinese state news agency Xinhua has trumpeted in several dispatches on the US$6 billion project.

According to Xinhua, Laos’ underdeveloped economy will blossom as the new modern train speeds in Chinese tourists and businesspeople, facilitates faster and greater trade, and thus enhances Laos’ connectivity and post-pandemic economic recovery.