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Title:
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Investors bullish on pivot to China
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Author:
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Doris Dumlao-Abadilla
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Source:
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Inquirer.net
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Date:
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January 27, 2017
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Description:
- For a country with a huge infrastructure backlog, lagging in foreign tourists despite its beautiful outdoors and really starving for foreign direct investments (FDIs), rekindling bilateral ties with China after a five-year diplomatic chill was a very attractive proposition. This was what President Duterte—who brought with him almost his entire Cabinet plus some 450 top businessmen—was set to accomplish during his state visit to China in October last year.
