Peaceful Rise - Funded By Neighbors
The Chinese-financed railway is to snake its way through dozens of tunnels and bridges, eventually linking southern China to Bangkok, the capital of Thailand, and then on to the Bay of Bengal in Myanmar, significantly expanding China’s already enormous trade with Southeast Asia.
Most of the benefits, critics say, would flow to China while most of the
costs would be borne by the host nation. The price tag of the $7
billion, 260-mile rail project, which Laos will borrow from China, is
nearly equal to the tiny $8 billion in annual economic activity in Laos
NYT:
China Builds a Railroad, and Laos Bears the Cost
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