Laos debt pressure on rise, owes large sum of foreign debt to China: Experts

Sep 08, 2022

Nong Khai [Thailand], September 8 : The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign...

Laos finds itself in China's 'debt trap': Report

Aug 10, 2022

Vientiane [Laos], August 10 : Laos, a south-east Asian nation is at a high risk of default as the country has taken huge loans...

Sri Lanka, Pakistan, Maldives stand neck-deep in Chinese debt: Forbes

Sep 12, 2022

Colombo [Sri Lanka], September 12 : Sri Lanka, Pakistan and Maldives are among the biggest debtors of China. Pakistan owes USD 77.3 billion of...

Laos default would give new momentum to China "debt trap" diplomacy

Jul 17, 2022

Vientiane [Laos], July 17 : Laos, a south-east Asian nation is on the edge of default after building a China-financed high-speed train, giving new...

Laos concerned about possible 'debt trap' as China escalates investment in country

Jul 13, 2021

Vientiane [Laos] July 13 : With investments by China in infrastructure projects in Laos increasing, there is growing concern in the Southeast Asian country...

Future of Laos, its fiscal stability, hinges greatly on China: Expert

Jul 03, 2021

Bangkok [Thailand], July 3 : The Southeast Asian nation of Laos is struggling to meet its debt obligations amid sovereign downgrades and depleted foreign...