The latest victim of China’s debt-trap diplomacy is the small, resource-rich nation of Laos, that is reportedly struggling to avoid a sovereign default. Reuters recently reported that the South Asian nation is handing over the majority control of the national electric power grid to China Southern Power Grid Company, a state-owned enterprise headquartered in Guangzhou. … Continue reading Another Asian Country Falls Prey To China’s Debt-Trap Diplomacy; Experts Wonder – Who’s Next?