Posted inAT Finance, Beijing, China, European Union, Northeast Asia, Philippines, South Asia, South Korea, World

Duterte’s China gambit yet to pay dividends

Last October Philippine President Rodrigo Duterte secured more than US$24 billion worth of investment and loan commitments during a visit to China, a capital promise that shifted his policy closer to Beijing and further from Washington. The Chinese capital infusion promised to create two million new jobs over the next five years and modernize much […]