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Thailand spearheads regional fund to cut reliance on big Asian economies
Thailand is spearheading a new Southeast Asian fund for infrastructure and development projects, Thai Prime Minister Prayuth Chan-ocha told a summit in Bangkok on Saturday, a bid to counter reliance on Asian giants, such as China. Keep reading ...
Why Laos’ reliance on Chinese money could bankrupt the country
Laos remains on the United Nation’s (UN) list of least developed nations. The government wants the country to graduate from this list. To try to achieve this, it has borrowed money from abroad to fund infrastructure projects. The government’s policy is risking short-term prosperity for ...
John Pennington