China will start to build new RAILWAY for LAO (Country link to South of China and Next to Vietnam) next month. It will link Southern China to Thailand via LAO. It costs $7B funded by GOV of China. It only need less than 3 years to build by private sectors from China
The purpose: move goods and products to out of China and mineral products / agricultural products from LAO to China.
Another railway will be built by China for Cambodia. It will cost another $5B.
China want to kick VN out of LAO and Cambodia.
That will good for Australia.
GBG Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
