China eyes $31bn of investments in Laos border economic zone

China is eyeing total investment of more than 200 billion yuan ($31.45 billion) in 240 projects in a pilot economic zone on the border with Laos, the government of the southwestern province of Yunnan said late on 19 October.

Poor and remote, Laos has traditionally been firmly in the orbit of its larger neighbour to the east, Vietnam.

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