Follow CGSP on Social Media

Listen to the CGSP Podcast

Why African Countries in Debt to China Should Pay Close Attention to What’s Happening in Laos

A Chinese state-owned company will take control of the power grid in Laos, one of Asia’s poorest countries, in a deal to stave off default of its multi-billion-dollar debts to China.

The two sides reached an agreement last week for Electricite du Laos (EDL) and China Southern Power Grid (CSG) to sign what’s been framed as a “shareholders’ agreement” that will create a new parastatal entity called the Laos Transmission Company Limited (EDLT). 

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.