Posted inChina-Philippines

Why the Philippines is exiting the Belt and Road

MANILA – Philippine President Ferdinand Marcos Jr was not among the 23 national leaders who attended last month’s Belt and Road Initiative (BRI) summit in Beijing, marking the 10th anniversary of the US$1 trillion globe-spanning infrastructure-building program. At the event, Chinese President Xi Jinping announced close to $100 billion in new state policy bank financing […]

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