Summary
China has set its sights on the Global South, and on ASEAN - the Association of Southeast Asia Nations - one of the fastest growing regions in the world.
The exit of USAID in Laos has created a vacuum that is being filled by China. China is also doubling down on investments in the country - including the Lao-China railway, special economic zones, and property development projects. But is Laos overdependent on China for its economic growth? With national debt piling up, how will Laos pay China for its infrastructure project bill?
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