Chinese involvement in Thailand’s first high-speed rail project has come under much scrutiny. Photo: EPA
China wants to fund Thailand’s US$12 billion high-speed railway – but is the kingdom on track for more debt than it can handle?
- The Export-Import Bank of China has offered Thailand a low-interest loan for construction of a belt and road project linking the country with Kunming and Laos
- But repayment is just one concern, as analysts are uncertain Bangkok will ever turn a profit from the project
Topic |
Belt and Road: 2019 Forum
Chinese involvement in Thailand’s first high-speed rail project has come under much scrutiny. Photo: EPA
Illustration: Lau Ka-kuen
United States under Donald Trump is veering away from China’s belt and road
- Beijing’s global infrastructure drive will be in the spotlight this week when dozens of heads of state converge for the second Belt and Road Forum
- In the last of our four-part series, Nectar Gan and Robert Delaney look at the shift in the United States’ stance on China’s mega initiative
Topic |
Belt and Road: 2019 Forum
Illustration: Lau Ka-kuen