News Snapshot:
Vientiane [ [Laos](/topic/laos) ] July 13 (ANI): With [investment](/topic/investment) s by [China](/topic/china) in infrastructure projects in [Laos](/topic/laos) increasing, there is growing concern in the Southeast Asian country about falling into a ' [debt](/topic/debt) [trap](/topic/trap) '. A number of Chinese-backed highway projects are part of the communist nation's Belt and Road initiative a massive economic zone linking it to Europe by land and sea, NIKKEI Asia reported. However, the developing nation of [Laos](/topic/laos) , which is recovering from the pandemic doldrums, has no other choice but to rely upon [China](/topic/china) for its developmental projects. COVID-19 pandemic, which has decimated the crucial...
