Laos Balances Growth And Dependence On China

Laos has tried to grow its economy by working closely with China and using its natural resources like rivers, forests, and minerals. This helped the country build roads, dams, and railways, and reduce poverty. But it also created problems. Laos borrowed a lot of money, especially from China, and now has high debt. When COVID-19 [...]

Laos’ Deepening Debt Crisis

Laos is facing a serious debt crisis in 2025. For many years, the government borrowed a lot of money, mostly from China, to build big dams along the Mekong River. The plan was to sell electricity to other countries and make Laos the “battery of Southeast Asia.” But the income from these dams has been [...]

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