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| Name | China’s New $6B Railway in Laos: Massive Debt Trap or Megaproject Success? | WSJ Breaking Ground |
| Video Uploader | Video From The Wall Street Journal |
| Upload Date | This Video Uploaded At 22-09-2023 14:00:13 |
| Video Discription | A $6 billion Chinese-built railway in Laos is transforming a small town on the border of China, easing transportation and promising new products for export. The 262-mile rail line is a key part of China’s Belt and Road Initiative, aimed at upgrading trade and transport networks from Africa to the Pacific. China is looking to link its companies with new overseas markets while Laos has hopes of growing a robust export market. But what are the costs of developing this massive infrastructure? WSJ explores the ambition behind China’s envisioned rail network, the economic implications for Laos and challenges as other railways eye development. Chapters: 0:00 High-speed railway 0:48 What China and Laos stand to gain 2:50 The funding for the project 5:41 Diplomatic relations 7:18 Challenges ahead Breaking Ground digs into megaprojects around the world, uncovering what these developments might mean for the surrounding region and the ultimate costs. #China #Megaprojects #WSJ |
| Category | News & Politics |
| Tags | china | china news | laos | laos news | china railway in laos | megarailway | china laos railway | china laos high speed rail | high speed rail | megaprojects | china megaproject | boten | vientiane laos | belt and road initiative | china bri | southeast asia | china exports | haicheng industrial group | railway ports | export market | china superpower | laos exports | laos economy | laos china railway | laos debt | laos debt trap to china | china economy | china railway | global infrastructure | wonews |
