China-Laos Economic Corridor: Challenges for Regional and Policy Countermeasures

Abstract

This corridor is an important link between Chinas "the Belt and Road Initiative" and the strategy of Laos to turn "land-locked country" into "land-linked country". Continued to strengthen the construction of software and hardware facilities along the China-Laos economic corridor and promote the connectivity of the areas along the corridor, this research explores the channels of cooperation between China, Laos and third parties, starting with scientific and technological cooperation, carry out scientific diplomacy, and dissolve a series of remarks smearing Chinas "The Belt and Road Initiative" such as "Environmental Destruction Theory" and "Debt Trap Theory". Finally, through the establishment of a monitoring and evaluation system in order to construct this economic corridor, the overall situation of the facilities of the economic corridor construction project can be controlled. The research also finds whether Laos has benefited from the construction of the China-Laos economic corridor and to what extent.