Laos opens scenic railway built on a mountain of Chinese debt

Laos opened a new US$6 billion (S$8.2 billion) rail link with China to much fanfare this month, but analysts warn the party could be short-lived as the government grapples with a potential debt crisis. The line will connect the capital Vientiane with the southern Chinese city of Kunming, and there are grand plans for a high-speed rail network running to Singapore through Thailand and