BANGKOK -- After opening its borders to China's dam builders and railway engineers, Laos is looking for Chinese companies to invest in the special economic zones (SEZs) mushrooming up all over the country. But observers question these projects, and worry about the small communist nation's mounting debt.
Belt and Road
China digs Laos in deeper with flurry of SEZs
With Vientiane's hunger for investment, debt-trap fears mount
Beijing is promoting special economic zones in Laos as part of its Belt and Road Initiative. (Nikkeimontage/Source photo by Reuters)
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