Tajikistan’s Debt Dependency On China

Following the collapse of the Soviet Union, Tajikistan faced significant economic hardship and turned to foreign partners for support, particularly China. Over time, China became one of its biggest lenders and investors, funding roads, factories, and energy projects. While these projects contributed to Tajikistan's development, they also increased the country’s debt, which has now grown [...]

Laos Faces Economic Crisis Amidst Soaring Inflation And Debt To China

Laos is facing a severe economic crisis, with inflation reaching 31% in 2024, the highest in Asia. The inflation surge is largely due to a weakening kip currency and massive debt, primarily owed to China, for large infrastructure projects like hydropower dams and a high-speed rail line. The country’s debt stands at 108% of its [...]

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