EDITORIAL - Economic coercion

The previous administration ignored these ODA sources as Rodrigo Duterte pivoted toward Beijing while bickering over human rights with the United States, the European Union and other democracies.

The Philippines is just one among many smaller economies that have been subjected to Chinese economic coercive measures, with Beijing imposing restrictions on Philippine banana imports. Amid bilateral tension over the West Philippine Sea, Beijing has also sat on Manila’s requests for ODA funding for infrastructure projects.

Philippine officials have said the country is looking for other funding sources for the Mindanao Railway project, noting that the rates offered by China are higher than those of other countries such as Japan. Since this is the case, why did the Philippines even bother negotiating with China? The Hungry Ghost Month traditionally refers to a month-long observation of Asian belief that dead relatives, wandering souls or vengeful spirits roam the earth

It’s good to know that attention is now focused on the serious threat posed by cyber attacks, on both government agencies and private enterprises.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Xi steps up economic aid with new debt issuance, PBOC visitChinese President Xi Jinping stepped up support for the world’s second-biggest economy, issuing additional sovereign debt, raising the budget deficit ratio and even making an unprecedented visit to the central bank. The nation’s legislature approved a plan to raise the fiscal deficit ratio for 2023 to about 3.
Source: BusinessMirror - 🏆 19. / 59 Read more »