China-Laos friendship ‘blossoming’

Sub-title: 

Chinese built high-speed railway expected to transform southern neighbor and boost economy

Description: 

"The friendship between China and Laos is blossoming, according to an editorial in the Vientiane Times and quoted by Xinhua on April 22. Laos is a partner in China’s Belt and Road Initiative and the most significant project in that relationship is the construction of a high-speed railroad from the Chinese border to the Laotian capital Vientiane. According to Xinhua, Laotian President Bounnhang Vorachit recently visited one of the many construction sites and described the railroad as a critical project that would transform Laos from being a landlocked country into a “land-linked” one. The railroad will “boost economic growth,” the report said, and recognize business opportunities in Laos. “Several Chinese banks have expanded their operations here in Laos.” The number of Chinese tourists in Laos is also increasing and has become a vital source of income for Laos. The country expects to receive more than a million Chinese visitors this year..."

Source/publisher: 

"Asia Times" (Hong Kong)

Date of Publication: 

2019-04-24

Date of entry: 

2019-11-19

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China, Laos

Language: 

English

Resource Type: 

text

Text quality: 

    • Good