Hefty debt to China stokes soaring inflation in Laos

VOA News - 3 december 2024

Hefty debt to China stokes soaring inflation in Laos

BANGKOK — Laos is straining under soaring inflation rates made worse by the stress of massive loans owed mostly to China for a series of megaprojects that have yet to pay off. The tiny landlocked nation of nearly 8 million has already deferred some payments…

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