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Anonymous

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Laos residents wary of Chinese investment
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What do you think about this news?



The government in Laos recently passed a new law making it easier for foreigners to invest in the country and buy land.

But some Laotians are concerned that the law puts the country in danger of being overrun, particularly by Chinese investors who have poured more than two billion dollars into Laos in the last nine years.

Al Jazeera's Wayne Hay reports from the capital, Vientiane above.



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SeeHarHed


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It is sad and disturbing news indeed, there's nothing for those poor laotians can't do anything about it.  Their own government will sell their souls and livelihoods for few of high ranking officials own benefits.  I was born not too far from that marsh land.

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Anonymous

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I think this new promotion law applies to any foreigner who invests over $300K. As we know Thai is the top investor in Laos, 2nd is Chinese and 3rd is Vietnamese.
I am sure Laos goernment will lilmit number and area of land and will make the new law about the right of properties to control them.
Of course, this law will impact the poor.



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niya


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