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high speed rail

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Laos’ financial debt to China grows as $6 billion high-speed rail line between the countries is unveiled

China is now connected with Laos via a recently completed high-speed rail line which reportedly cost $6 billion. 

China is now connected with Laos via a recently completed high-speed rail line, which reportedly cost $6 billion. 

Chinese-led initiative: On Friday, a virtual ceremony attended by Chinese President Xi Jinping and Laotian President Thongloun Sisoulith marked the opening of the rail line, which is part of China’s global infrastructure development strategy called the “Belt and Road Initiative,” reported Reuters

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