Tag: Vientiane
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Debt-Saddled Laos Struggles to Tame Rampant Inflation
By Thanaporn Promyamyai and Damon Wake Suffocating under a mountain of debt to China, Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging.
U.S. Official Says China and Russia Blocked ASEAN Summit Statement
An unnamed U.S. official told Reuters that China and Russia rejected a joint statement of the Association of Southeast Asian Nations (ASEAN) at its East Asia summit in Vientiane, Laos. The summit was dominated by tensions resulting from territorial disputes in ...
New Transport Corridor Gives China Direct Access to the Indian Ocean for the First Time
A new overland transport corridor has made history by linking China directly to the Indian Ocean for the first time. Built jointly by Chinese provinces and Singapore, the transport corridor links the Chinese manufacturing hub of Chongqing with Vientiane, ...