With the price of $5.9 billion USD, the HSR took six years to finish. It’s a essential “One Belt, One Street” undertaking for Beijing. What is going to it convey to China, Laos, and South East Asia? Will it convey wealth or debt?
It seems like Beijing will proceed to push ahead with its high-speed railroad to Southeast Asia.
However amidst the grave financial downturn in China, Beijing must face the query of whether or not it will set off a monetary disaster of its personal in flip.
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Ah great, Laos is now another Chinese provence and another place with tofu project!!
Sold by your foolish and corrupt politician!!
The "S" is silent in Laos….Lao is how to pronounce it
Another country falls victim to China 😌
It's very funny. Why don't you ask people in Laos what they think? Do you have a better alternative to offer so Loas can develop its economy? Before this railway was built, do you know how much rail Laos had? 2 miles, that's it. Laos was colonized for a few hundred years. How come the more civilized and superior western democracy didn't help Laos at all? Besides, it's a joint venture of both sides, of which China provided 70% of funding. This kind of propaganda is just ridiculous.
Western propaganda.
Thank you for exposing China’s misdeeds and shabby treatment of neighbors. These countries are sacrificing their future so China can have access to markets at their expense.
Laos has plenty to offer the world: sex trafficking, and rare tropical woods chopped down to make furniture for the nouveau riche. And ethnic food.
Builded for the People and still cheaper than buying weapons from the us and no one DIE Right?
It’s just a fancy way for China to collect debt interests from SEAsia. It.
When EU sees the opportunity and follows China, no one says EU plans to create debt traps. When US plans to borrow trillion dollars for their infrastructure, no one says it is a debt trap. Developing countries do need debt to grow, no other choices. A better transportation system is a basic need to grow. A challenge that developing countries have to face.
Load will be forever in debt to China CCP. Malaysia till now scare of debts to China .
Most of this leaders have stacked up their money in foreign country and sold their country out. Innocent people are the real victim.
Well China learned from the biggest debt entrappers in history….The West lol. Now all the western funded media outlets push all this " China Bad! " nonsense because China is out performancing them on every front.
Now all of a sudden we all have forget our own Western history of financial deception.
Watch CONFESSIONS OF AN ECONOMIC HITMAN
wHAT WILL COME TO LAOS -1) MORE CHINISE BUSINESSMAN 2) MORE BUILDING BY CONSTRUCTION BY CHNESE BUILDER AND OWN BY THEM 3) MORE WORKERS FROM CHINA ALONE TO WORK FOR SONSTRUCTION 4) MORE ECONMIC AND FACTORY BUT WORKER HALF CHINA HALF LAOS…SO MORE EXPENSIVE LAND AND HIGH RENT FOR LOCAL…WHAT WILL HAPPEND..WAIT AND SEE FOR ANOTHER 2 YEARS
There will come a time when China will rule over Laos 😢
China help to settle the debt from other countries and in return to operate a port for 99 years whether China will recover the advance payment or not is a another matter.Sri Lanka does not have to worry about the external debt from IMF,US,JAPAN and other western financial Inst.It was never reported by western media and always said that Sri Lanka had to surrender their land.It is a 99 years .In actual fact the country already earn billons in advance by settlement of debt paid by China.China had to work hard from the port to recoup Sri Lanka debt within 99 years.Is this you call dept.This is a capital venture and whether you profit or not is another matter to been seen by 99 years.Who is willing to wait such a long time to get your capital??? Most media would not report the truth but distorted the facts.
Deal with China just likes Dealing with Devils, they will steal your soul then your body.
Vientiane is a land locked city connected to kungming also another land lock city…?????
And its debt to China already 45% GDP ?????
Due to Covid-19, no passengers will travel….lmao.
Whatever people say,
China is making good use of a useless currency called US dollars, which it has 3 trillions of it.
USD is getting depreciated by 8-10% a year in PPP.
It has no choice but, to use this money for development of infrastructure, be it in China itself or use it outside of China.
When EU print currency from thin air and offer loans through it's EXIM bank and when USA prints currency from thin air and offer loans through it's EXIM bank and both in west, build it's economy from all the resources it takes from ASIA and Africa, no one complained.
China is rising super power and it's doing best in the interest of it's country on long run.
If anyone borrow money, they need to know it's own capacity to pay back and if not , you hand over the Asset.
Doesn't global banks do that when they loan you money to buy house, if you can't pay, they take the assets.
It's business of borrowing and lending.
Don't want Chinese money, Don't take. Don't blame China.
At least china is not waging war like USA has done over past 100 years with 800 military bases around the world.
Too much western media is harmful to your brain.
Can the US get a 412km HSR with the investment of 1.4 billion USD?
This is one of the 9 train stations of Laos HSR: https://www.youtube.com/watch?v=GjMnNQ2A2Zg Laos spends 1.4 billion USD to get a 412 KM railway and these highly modern train stations. With this HSR Laos people move into modern time. Can the USA give Laos such thing using 1.4 billion USD?
Please make video about, HSR China-Indonesia.
Are you jealous or well wisher of Laos? USA has 104% debt of it's gdp. Japan has 237.10% of gdp. Itely has 132.20% of gdp. Netherland 102% of gdp. Singapore has 113.10% of gdp. Greece has 184.90% of gdp. Portugal has 120.10% gdp. Venezuela has 182.40% of gdp. Lebonon has 151.00% so on so for…. Have you ever had an anxiety about those countries whom have dept more than thier gdp? You might ever not because they are all democrates countries. There are many countries already sank in dept traped and total debt us$ 69 trillion of the countries in the world. Who is the lander? Why? Where the such huge amount of money comes from? Whereas, all the rishest countries are in debt traped. Have you ever think about it? And why so concerning about Loas and China? You have just a problem with the system in China and it's prosparity. Why do you think to others to be like you? Why don't you become like them? because the principle says "Don't change others, change yourself" When do you take your first step to change yourself and stop propogating?
This is typical anti-china propaganda, made by western jealous muricans. China build traintracks, ports, hospitals. WHAT DO any other country build? What do they do? nothing… so the reality is quite obvious. You can say what ever you want. But china aint building military base og go to war with lies.
People need to wake up and stop listening to channel like you.
VietNam and India are crying, we want debt trap from Japan but Japan says it will only come after 2045.
lol while USA is destroying the world, China is building and yet you have the guts to say its a debt trap hahahahha ok so yall think that China will build for free ?
Only western pigs think it is a debt trap.
Keep hating LOL… I know ya want us to fail so bad but we will keep moving forward
It was China's capital, materials, manpower and expertise in this project. If Laos can't service the debt, China has to manage it. Laos only loss is it's s fix assets like the land, rivers, mountains and valleys that has been turned into valuable assets by China. This train service will bring in tourist and business for the local industries and vice versa. So it is a win win situation for both countries. China prefers this kind of investment better than buying US government bonds. After all prosper your neighbour is a better option.
Debt trap diplomacy
Another Bull $hit Media
Only currupt oligarchs and those with high social credit in both countries are ever going to be allowed to board. Everyone else who wants to get out of the train wreck CCP China is for the free will, free thought, and free enterprise loving Chinese souls stuck in their Orwellian dystopia will have to run the border, just as refugees from the USSR, Cuba, North Korea, and Venezuela do, and refugees of states taken over by the crony globalist-communist uniparty are doing as their countries are turned into Westernized versions of CCP China
Question:
Laos to Western Countries: Can we get a loan for our infrastures and a rail system? Sorry we're not interested in Laos. We bombed the heck out of it there's nothing there for us. Sorry…..
China to Laos: We will give you whatever you need, because we need you (Laos) so that we can link China all the way to Singapore. It's a win-win for all. The end.
Piggy ride and then big kick backs. 😂
So while lao has gone in dept for 5.9 billion to improve its infrastructure, something that will bring jobs and revenue for generations, the usa spends 13 Billion on a Air Craft Carrier while its dept to the world is at 20 trillion and climbing. Are you sure you reporting important news or just spewing bias propaganda.
the railway made it easy for Laos to contact the outside world, even if it was a large capital.
One thing to be always keep at the back of the head, Made in China
Nice to see people travelling to other cities and people not restricted by debts
It's better of Laos to spend money on highways. Highway spurs car purchases thus affect the whole economy and other kind of real estate developments (especially those located near the highway entrance and exit)
160km/hr should not be considered high speed, right?
China brings money/tourism to third world nations via railway. Nothing is free, they built it, they reap the benefits. Whoever take the risks reaps the rewards. Those sitting on their arse can only envy. Us Foriegn aid or rail with China for a long term business development to be self sufficient.
the high speed rail trains in china are usually half empty except during october holidays or chinese new year…