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Laos-China Trade Increased 71% in 2003 - 2004-03-19


Chinese companies invested in 129 projects worth $330 million in Laos in 2003, while bilateral trade increased 71% from the year before, totalling $109 million, with Laos running a deficit of over $86 million.

Leaders of the two countries pledged Thursday to double their bilateral trade in 2004, during Chinese Vice-Premier Wu Yi’s visit to Vientiane where the two sides signed a package of 11 cooperation agreements on agriculture, chemical production, and hydro-power exploration.

For more details, click on our Laos-China trade report.

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