Hefty debt to China stokes soaring inflation in Laos
Voice of America
FILE - A woman walks in front of Chinese stores in Laos' capital, Vientiane, on Oct. 8, 2024.
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.
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FILE - A woman walks in front of Chinese stores in Laos' capital, Vientiane, on Oct. 8, 2024.
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