Study Of Debt Issues In China-Laos Relations

Through 60 years of relationship,China and Laos have achieved diplomatic relations of good neighborliness,mutual trust and comprehensive cooperation.China’s old fellow railway projects opened in 2020 and the China-Lao railway project officially opened in late 2021,These two maj or projects are infrastructure development projects provided by China,which have led to the end of Laos’s history of no railway and highway.The success of cooperation projects between China and Laos in various aspects has attracted the attention of the international community.Therefore,some Western countries have begun to question such relations between China and Laos,and smeared China and said that Laos,a developing country,will be dropped." Debt Trap" etc.In order to better understand the actual goal and situation of China’s aid to Laos,this article analyzes the debt problem in China-Laos relations from the way China aids Laos.In order to better understand the actual objectives and situation of China’s aid to Laos,this paper has analyzed the debt problems are existing between China and Laos relationship from China’s strategies aid to Laos.In order to better understand the actual objectives and situation of China’s aid to Laos,this paper has analyzed the debt problems are existing between China and Laos relationship from China’s strategies aid to Laos.Firstly,it comprehensively reviews the history of China’s aid to Laos,summarizes the content of development assistance,shows the current situation of China’s aid to Laos,and explained the current situation of Laos’s foreign debt and China and Laos.At the same time,it also concluded Laos’ debt management and repayment plan,and will become a debt conflict between China and Laos in the future and what are the impacts between China and Laos relationship?Through review,elaboration and analysis,it is concluded that China’s aid to Laos is according necessity of Laos.The assistance is also acknowledged by the principle of mutual benefits,win-win cooperation and common development without any political and economic conditions.As the current situation of Laos’ debt,Laos currently has a huge debt ratio,but still in a "sustainable" state and has not yet reached the level of risk.If Laos will be encountering a debt crisis in the future,China and Laos will also take effective measures to solve the debt problems,by working together to reduce difficult issues,and fully reflect the friendly spirit of "good neighbors,good friends,good comrades and good partners".