Posted inAT Finance, China, Hong Kong, Philippines, South Asia

Philippines granted 500m yuan from China to rebuild Marawi

China has given the Philippines a grant of 500 million yuan (US$79.5 million) to help rebuild the battle-scarred Marawi City, President Rodrigo Duterte said in Hong Kong on Thursday. The city was badly damaged during a five-month battle last year with militants who supported ISIS and tried to take over the southern city. On Thursday evening at the Kai Tak Cruise Terminal […]