Comments by "Peter Jacobsen" (@pjacobsen1000) on "China-Laos railway set to open in latest advance for Beijing’s Belt and Road Initiative" video.
-
68
-
5
-
4
-
n ll I don't have a golden solution to make Laos develop faster, but we don't yet know if this railway line will make a big difference to economic growth.
Tourism is important to Laos, of course, including tourists from China. However, it should be mentioned that Yunnan, with a population about the same as Thailand, only sends 1/3 the amount of tourists to Laos.
Then there's hydro-power, which China and Thailand have also helped to develop, and forestry/timber, which both Vietnam and China are very interested in.
Generally, Laos should try to get into labor intensive manufacturing like all Asian countries have done in the early days. But those manufacturing bases require flat land which is mostly in the south, where the train doesn't go.
1
-
1
-
1