Friday, 13 October 2023

Railroad into the red

 

May be an illustration of elephant, train and text 

Railroad into the red: Laos has been greatly transformed by projects funded by Chinese lending under the Belt and Road Initiative. 
 
But the railway and other Chinese projects have left Laos perilously mired in debt, with people struggling with high inflation.
 
RFA

1 comment:

Anonymous said...

It should be: Run, otherwise I hit you with the belt.